• 145 views
  • 2 hours ago

Oxygen supply companies to get loans from SIDBI at 4.5-6%

May 01, 2021, 03:56PM ISTSource: TOI.in

The Small Industries Development Bank of India (Sidbi) has launched two quick-delivery schemes to fund businesses in the micro, small and medium enterprise (MSME) segment that are helping tackle the second wave of the coronavirus pandemic. Sidbi said these schemes will provide 100% funding up to an amount of Rs 2 crore to an MSME unit at an interest rate of 4.5-6% per annum, within 48 hours after receipt of documents. Borrowers can put in their applications online.

ad
Get the app