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Who has signed an MoU with Eqaro Surety (financial guarantee provider) to set up a digital lending platform for MSMEs?
A)
FICCI
B)
NASSCOM
C)
FISME
D)
ASSOCHAM

Correct Answer :   FISME


* The Federation of Indian Micro and Small & Medium Enterprises (FISME) has signed an MoU with Eqaro Surety (financial guarantee provider) to set up a digital lending platform for MSMEs in the country.
 
* The platform will provide collateral-free capital up to Rs 25 lakh to fulfil MSMEs need for urgent funds post due diligence of their businesses.
 
* The credit for MSMEs would be backed by guarantees from Eqaro.

Source : Financial Express

Published On : May 5, 2022
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