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New entrepreneurs
by arungopal agarwal on Oct 05, 2007 06:15 PM

Yes, new generation gets difficulty in getting loans. Nationalised banks ask first the collateral security, non nationalised banks, if give business loan, their interest rate is very high say 18% or more. which is not viable. Some system is to be evolved for small scale and tiny units in order to boost employment and industry.

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'Beginners need financial support'