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Govt should ease lending restrictions on NBFCs: World Bank
The Business Guardian
|March 07, 2025
In a bid to enhance the availability of credit for Micro, Small, and Medium Enterprises (MSMEs), the World Bank, in its latest report, has stated that the government should remove the interest cap on NBFCs to ease the lending restriction.
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The World Bank's report outlined several key recommendations aimed at strengthening Non-Banking Financial Companies (NBFCs).
It said, "Providing adequate financing for micro, small and medium enterprises (MSMEs) by strengthening NBFCs' ability to lend to them by removing the existing interest cap on NBFCs to be eligible for guarantees provided by the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE)"
Bu hikaye The Business Guardian dergisinin March 07, 2025 baskısından alınmıştır.
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