Explanation :
Kerala Government Launches KFC Machinery Loan Scheme
In September 2025, the Kerala State Government initiated the 'KFC Machinery Loan Scheme for MSMEs'. This scheme aims to support Micro, Small, and Medium Enterprises (MSMEs).
Scheme Details
- Scheme Name: KFC Machinery Loan Scheme for MSMEs
- Target Beneficiaries: MSMEs
- Loan Amount: Up to ₹5 crore
- Key Feature: Offered without collateral, subject to certain conditions.
- Launching Authority: Kerala Government
- Launch Date: September 2025
The initiative, launched by the Kerala Government, provides significant financial assistance to MSMEs, enabling them to acquire necessary machinery without requiring collateral security.
Important Questions from Banking Related Schemes
Which of the following sponsored 'Ubharte Sitaare Fund', in August 2021?
Which of the following committees was constituted to study the issues and concerns in the Micro Finance Institution in 2010?
A recent bank merger that has been announced includes Vijaya Bank, Dena Bank, and ______
Which of the following does not provide direct credit assistance to rural households?
Which bank struggled to address the issue of capitalisation and subsequently Reserve Bank of India took over its management in 2020?
