RM50mil for Indian entrepreneurs

Substantial aid: Ramanan (second from right) launching the BRIEF-i programme as (from left) his private secretary Datuk Anbumani Balan, Mohd Irwan and Bank Rakyat chief executive officer Datuk Dr Mohammad Hanis Osman look on. — Bernama

KUALA LUMPUR: Bank Rakyat has allocated RM50mil for the Indian entrepreneur community involved in micro, small and medium enterprises (MSMEs) to enable them to expand their businesses.

Entrepreneur and Cooperatives Development Deputy Minister Datuk R. Ramanan said the initiative will be implemented through the newly-launched Bank Rakyat Indian Entrepreneur Financing-i (BRIEF-i) programme.