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

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'