Mumbai, Apr 29 () State-run Central Bank of India on Wednesday launched various schemes to provide liquidity support to micro, small, and medium enterprises (MSMEs), agriculture, and self-help group borrowers that are affected by the COVID-19-induced lockdown.<\/p>\n\n\n\n
For MSME borrowers that are standard, the bank is offering an emergency line of credit up to 10 percent of their existing fund-based working capital limits, up to a maximum of Rs 50 crore, a release said.<\/p>\n\n\n\n
The loans are being offered for 18 months, with the first six months as a moratorium. The scheme is offered until June 30, 2020. The lender is offering liquidity support to its existing Kisan credit card holders or term loan borrowers for crop\/fisheries\/poultry\/dairy\/animal husbandry between Rs 10,000 to Rs 50,000. Loans will be given to borrowers having track records of at least one year.<\/p>\n\n\n\n
For its SHG borrowers, the bank is providing finance of Rs 5,000 per member and up to Rs 1 lakh per SHG.The liquidity support schemes for agricultural and SHG borrowers will be available till September 2020, the bank said. HV MRMR<\/p>\n\n\n\n
Source: Business Insider
Link:https:\/\/www.businessinsider.in\/business\/news\/central-bank-of-india-launches-loan-schemes-for-msmes-farmers\/articleshow\/75455009.cms<\/p>\n","protected":false},"excerpt":{"rendered":"
Mumbai, Apr 29 () State-run Central Bank of India on Wednesday launched various schemes to provide liquidity support to micro, small, and medium enterprises (MSMEs), agriculture, and self-help group borrowers that are affected by the COVID-19-induced lockdown. For MSME borrowers that are standard, the bank is offering an emergency line of credit up to 10 […]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[13],"tags":[26,4,6,7],"class_list":["post-99","post","type-post","status-publish","format-standard","hentry","category-support-to-farmers","tag-cbi-india","tag-covid-19","tag-farmers-of-india","tag-lockdown","entry"],"_links":{"self":[{"href":"https:\/\/blog.kisansabha.in\/index.php\/wp-json\/wp\/v2\/posts\/99","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.kisansabha.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.kisansabha.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.kisansabha.in\/index.php\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.kisansabha.in\/index.php\/wp-json\/wp\/v2\/comments?post=99"}],"version-history":[{"count":3,"href":"https:\/\/blog.kisansabha.in\/index.php\/wp-json\/wp\/v2\/posts\/99\/revisions"}],"predecessor-version":[{"id":3425,"href":"https:\/\/blog.kisansabha.in\/index.php\/wp-json\/wp\/v2\/posts\/99\/revisions\/3425"}],"wp:attachment":[{"href":"https:\/\/blog.kisansabha.in\/index.php\/wp-json\/wp\/v2\/media?parent=99"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.kisansabha.in\/index.php\/wp-json\/wp\/v2\/categories?post=99"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.kisansabha.in\/index.php\/wp-json\/wp\/v2\/tags?post=99"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}