Friday, 13 April 2018

Yes Bank launches an industry first GST backed OD facility for MSMEs

MUMBAI: Yes Bank has announced the launch of ‘Yes GST’, an OD (over draft) facility for Micro, Small and Medium Enterprises (MSMEs). Through this first-of-its-kind, industry first initiative, an MSME can avail OD up to Rs 1 crore, based on their annual turnover, backed by returns.

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via Yes Bank launches an industry first GST backed OD facility for MSMEs

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