Ensure bank loans for Indians, Govt urged

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KUALA LUMPUR: The MIC has called on the Government to ensure Indian small entrepreneurs are able to obtain loans from commercial banks.

MIC president Datuk Seri S. Samy Vellu said the matter had been brought to the attention of Prime Minister Datuk Seri Najib Tun Razak during the meeting of the Cabinet Committee on Indian Affairs recently.

“We have also asked the Finance Ministry to review the conditions for granting loans to make it more flexible,” he told reporters after handing over loan cheques from the National Tekun Foundation to 109 Indian entrepreneurs here yesterday.

He said many Indian entrepreneurs had difficulty obtaining loans from commercial banks, although they were qualified.

This entry was posted on Tuesday, December 15, 2009 and is filed under . You can leave a response and follow any responses to this entry through the Subscribe to: Post Comments (Atom) .

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