Economics · Banking Sector
What is the main role of Regional Rural Banks (RRBs) in MSME financing?
- 1Managing loan guarantees for urban MSMEs
- 2Issuing equity funding to large public sector businesses
- 3Providing financial credit support to MSMEs in rural areas✓
- 4Offering large-scale loans for multinational companies
Correct answer
Providing financial credit support to MSMEs in rural areas
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