Union Minister for Finance and Corporate Affairs Nirmala Sitharaman has launched the National MSME Cluster Outreach Programme, organised jointly by the Department of Financial Services (DFS), Ministry of Finance, Government of India, and Small Industries Development Bank of India (Sidbi)
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Micro and Small Enterprises (MSEs) to benefit as RBI moves to eliminate prepayment penalties on floating rate loans
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According to Sitharaman, it was under PM Modi that the banking sector turned around for the better.
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