- Karnataka Vikas Grameena bank (KVG Bank) has launched Vikas Abhaya Scheme to support Micro , Small and Medium Enterprises (MSMEs) in India that have been affected due to ongoing COVID-19 pandemic.
- The loan will be for the existing MSME customers who have been regular as on February 29. A maximum loan of up to ₹1 lakh will be provided and no collateral security will be insisted upon. The loan is repayable within 36 months,