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Entrepreneurs will now be able to easily take loans up to 25 lakhs

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4 years ago

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According to government figures, there are 60 million MSMEs in India and millions of these entrepreneurs are running the business alone. Entrepreneurs associated with the MSME sector will now be able to get loans up to 25 lakh easily. Recently, the new system of RBI is going to give this benefit to small entrepreneurs.

With the new RBI arrangement, banks will be able to give loans to MSMEs out of that reserve cash and banks will also earn from getting interested in that loan. However, an entrepreneur will not get a loan of more than Rs 25 lakh. Federation of Indian Small Medium Enterprises (FISME) Secretary-General Anil Bhardwaj said that with this new arrangement banks will be able to easily lend loans up to Rs 25 lakh to MSMEs.

They all fall under the category of micro or micro-entrepreneurs. The new system of RBI will mainly benefit these micro-entrepreneurs. MSMEs can also take fully government-guaranteed loans until March 31, which was announced in May last year.

The entrepreneurs said that according to the new RBI provision, banks can give loans up to Rs 25 lakh to MSMEs out of their cash reserve ratio (CRR). Banks are required to hold cash with RBI in a fixed ratio. They do not get interested in this either.

It is noteworthy that a large number of people get employment in the MSME sector. Because of this, the government takes timely steps to promote this sector. 

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Apple is giving a huge discount on its gadgets: Details inside

Published

3 years ago

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May 5, 2022

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If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

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