Mahalaxmi Bikas Bank slashes interest rate for 1250 borrowers to 5%; aims to provide some respite to MSME sector hit hard by economic crises after COVID infection
Mahalaxmi Bikash Bank, under its commitment towards micro, small, and cottage industries, has slashed the interest rate of 1250 MSME borrowers to 5% so as to provide them some relief amid the economic crises brought around by COVID.
The development bank currently provides is services to its more than 5 lakh customers from its 103 branches, as per the media statement.
