SHG fed exempted from stamp duty for securing bank loan

The Panchayat Level and Economic
Activity Federations of Self Help Groups have been exempted
from stamp duty for obtaining bank loan as per a Government
order, District Collector N Mathivanan said on Tuesday.

RBI must ask banks to ease credit disbursal norms: Assocham

The Reserve Bank must ask banks to ease credit disbursal norms and pass on the benefits of the central bank`s lower key rates to the industry, which is facing credit crunch in the wake of global downturn, Assocham said.