SMEs would benefit by better access to commercial credit: Rajiv Kumar : Union Budget: Business Today
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'SMEs would benefit by better access to commercial credit'

February 25, 2015
Acknowledging that around 60 per cent of SMEs do not approach commercial banks for credit for various reasons including high transaction costs and huge collateral, Rajiv Kumar, senior fellow at Centre for Policy, says that the Budget should fix this by introducing specific measures by which banks can make lending easier to SMEs.


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