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Sunday, 22 June, 2025

Rs 10,000 cr Fund of Funds for MSMEs to be operational soon: SBI Chairman

The objective of the Rs 10,000 crore Fund of Funds scheme is to help MSMEs with growth potential at a time when they are facing severe shortage of equity and low revenues.

Rs 10,000 cr Fund of Funds for MSMEs to be operational soon: SBI Chairman

Another liquidity enhancement measure was through support by way of a subordinated debt which was guaranteed by the government for the troubled MSMEs, he said. (Photo; IANS