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Banking chronicle The State Bank of India on 12 Oct said it had launched a new product to provide short-terns working capital demand loans to its MSME clients bsc chronicle. The new initiative, called SME Assist, would offer loans to MSME customers on the basis of their input credit claims under Goods and Services Tax (GST). bsc magazine-Buy–NowThe loans will be offered at a concessional rate of interest. This product will help them manage their working capital requirements till the time they get input credit

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