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 Money & Banking - Credit Market
‘More credit for small sector’

Mumbai, July 7

Welcoming the announcements for the micro and small enterprises in the Budget, Mr R.M. Malla, Chairman and Managing Director, Small Industries Development Bank, said the special fund of Rs 4,000 crore will increase the credit flow to this sector. The fund would result in incremental lending to MSEs by Rs 8,000 crore during the current year, he said.

— Our Bureau

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