Cooperative banks need to change policies for MSME lending, says Maharashtra State Cooperative Bank chairman | Pune News
Pune: Maharashtra State Cooperative Bank’s chairman Vidyadhar Anaskar has said that cooperative banks need to change their decision-making process while issuing loans to micro, small and medium enterprises.The lenders should change their approach to project-based finance instead of focusing on security collateral, he said on Sunday. “Many banks insist on a personal property collateral while…
