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| December 15, 2009 | | Malaysian Government must ensure bank loans for Indians: MIC | | Kuala Lumpur: The Malaysian Indian Congress (MIC) has called on the Malaysian Government to ensure Indian small entrepreneurs
are able to obtain loans from commercial banks. MIC president S. Samy Vellu said
the matter had been brought to the attention of Prime Minister Najib Tun Razak
during the meeting of the Cabinet Committee on Indian Affairs recently. "We have
also asked the Finance Ministry to review the conditions for granting loans to
make it more flexible," The Star quoted him as telling reporters after handing
over loan cheques from the National Tekun Foundation to 109 Indian entrepreneurs
here yesterday. He said many Indian entrepreneurs had difficulty obtaining loans
from commercial banks, although they were qualified.
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