Home Economy SBI Chairman pitches for dedicated institutions to track end-use of funds raised by small businesses
Economy - January 10, 2025

SBI Chairman pitches for dedicated institutions to track end-use of funds raised by small businesses

SBI Chairman pitches for dedicated institutions to track end-use of funds raised by small businesses

SBI chairman CS Setty advocates for creating a market infrastructure institution to track the end-use of funds borrowed or raised by small businesses, ensuring they are used for intended purposes. This would enhance lender and investor confidence and make pricing more competitive.

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