US tariffs impact: Lenders weigh MSME relief; government drafts...

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US tariffs impact: Lenders weigh MSME relief; government drafts wider export support

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Indian lenders are exploring measures to alleviate financial strain on SMEs impacted by the U.S. tariffs on Indian imports. Banks are considering waiving administrative charges and penal interest on delayed payments. The government is developing a support plan, including export diversification and domestic market strategies.

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