December 13, 2011 11:45 AM
To help poor, Govt mulls credit risk fund on loans
The Government is considering the establishment of a credit risk guarantee fund of Rs 1,000 crore to encourage banks to lend to the poor. Inaugurating a National conference of Jawahar Lal Nehru National Urban Renewal Mission (JNURM), Prime Minister Dr. Manmohan Singh said it would encourage banks to...