Stand-Up India Loans
Under this scheme banks give loans between 10 lakh and 1 Crore to at least one Scheduled Caste or Scheduled Tribe borrower and to at least one woman borrower per bank branch for setting up a greenfield enterprise. This firm may be in manufacturing, services, agriculture or allied services or the trading sector. In case of non-individual enterprises at least 51% of the shareholding and controlling stake should be held by either an SC/ST or woman entrepreneur.
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