AEPC urges RBI for special interest package scheme for MSMEs

AEPC Urges RBI Governor to Introduce Dedicated Export Policy and Interest Support for MSMEs

Dr A. Sakthivel, Chairman of the Apparel Export Promotion Council (AEPC), met Sanjay Malhotra, Governor of the Reserve Bank of India, in Mumbai to press for a separate export policy framework for the MSME sector and enhanced financial support mechanisms. During the meeting, Dr Sakthivel proposed the introduction of a dedicated Special Interest Package Scheme […] The post AEPC Urges RBI Governor to Introduce Dedicated Export Policy and Interest S…

AEPC urges RBI for special interest package scheme for MSMEs

New Delhi, Feb 16 (PTI) Apparel exporters' body AEPC on Monday said it has requested the Reserve Bank of India to introduce a special interest package scheme for MSMEs.Apparel Export Promotion Council (AEPC) Chairman A Sakthivel said that he met Reserve Bank of India Governor Sanjay Malhotra in Mumbai and requested a separate export policy for the MSMEs sector.Currently, banks determine lending rates based on their internal policies and balance …