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"We are working to have the corpus in place for the Stand Up India Fund corpus. It will be raised from the Reserve Bank through the priority sector lending shortfalls," Sidbi Chairman and Managing Director Kshatrapati Shivaji told PTI here.
He said the corpus will be used to refinance loans extended by the banks to the Scheduled Castes, Scheduled Tribes and women entrepreneurs as part of the 'Stand Up India' scheme announced by the government earlier this year.
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Hashim Thac has been elected as the President of Kosovo by the Parliament of the country in the third round. He will succeed Atifete Jahjaga. In the third round, 81 Members of Parliament (MPs) off total 120 took part and Hashim Thaci secured 71 votes of them, proving required simple majority. With this, Hashim Thaci becomes fourth President of Kosovo after the country had unilaterally declared independence from Serbia in 2008. Prior getting elected as President he was serving as Deputy Prime Minister and Foreign Minister of the Government led by Isa Mustafa, which had assumed office in December 2014
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