Disclaimer….before you read ahead!
The information contained herein is of a general nature and for information purposes only, with the intent of raising awareness around various resources, schemes etc. available for women entrepreneurs in India. It is not intended to address the circumstances of any particular individual or entity. It does not purport to be all-inclusive or necessarily contain all the information that may be relevant for the reader, and may be subject to updation, revision or amendment. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to remain accurate in the future. The reader, therefore, is required to exercise their discretion; and not act on such information without appropriate professional advice after a thorough examination of the particular situation.
Furthermore, we are not a lender and are not authorized by the Reserve Bank of India to act as one. By disseminating the information contained herein, we are not soliciting any borrower or customers for the company or organization mentioned herein nor do we intend to syndicate any capital for the reader of this email.
About the scheme…
Narayani Scheme was launched on March 8, 2020 by U GRO Capital Limited (U GRO), an RBI registered non-deposit accepting NBFC. It is an unsecured SME lending product designed exclusively for women entrepreneurs recognizing the value of their role in generation of employment opportunities and economic growth.
U GRO has presence spread across the country with 95 branches.
How is it being implemented?
Under Narayani Scheme, direct financial assistance, in the form of loans, is given to
Women entrepreneurs operating in 8 SME sectors and 38 SME sub-sectors that U GRO presently targets across Healthcare, Education, Chemicals, Food Processing/FMCG, Hospitality, Electrical Equipment & Components, Auto Components, Light Engineering. Please click here to know more about these sectors & sub-sectors
