Andhra Pradesh government, SBI ink deal to upgrade, establish 7,500 micro food processing units
"This partnership with a financial powerhouse like SBI will provide a significant boost to micro food processing enterprises in the state," said APFPS Chief Executive Sridhar Reddy in a press release, adding that maximum number of units will be covered. As part of this deal, SBI will offer collateral-free loans of up to Rs 10 lakh to eligible beneficiaries, following the guidelines of the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) under the Agri Infrast...
Sridhar Reddy Formalisation Of Micro Food Processing Enterprises Andhra Pradesh Food Processing Society Credit Guarantee Fund Trust For Small Enterprises Agri Infrastructure Fund
Source: indiatimes.com