Banks may be made answerable for denying loans to MSMEs, says Union minister Pratap Chandra
Business | Aug 29, 2019, 08:22 PM ISTBanks might be made answerable in future for refusing loans to eligible MSME players, Union Minister Pratap Chandra Sarangi said on Thursday. The Minister of State for MSME stated that the development of the sector is often hampered due to non-cooperation of banks and his ministry was in talks with the finance ministry to address the issue.