Mumbai (Maharashtra) [India], February 2 (ANI/NewsVoir): The Union Budget for 2022-23 has extended the Emergency Credit Line Guarantee scheme (ECLGS) up to March 2023 and its cover will be expanded by Rs. 50000 crore to total cover of Rs. 5 lakh crore. "This is a very positive step as it wil
New Delhi [India], February 1 (ANI): Union Finance Minister Nirmala Sitharaman on Tuesday announced the extension of the Emergency Credit Line Guarantee Scheme (ECLGS) till March 2023, and said that the cover will now be expanded by Rs 50,000 crores to a total cover of Rs 5 lakh crores.
New Delhi [India], January 18 (ANI): After discussion between External Affairs Minister Dr S Jaishankar and Finance Minister of Sri Lanka Basil Rajapaksa on January 15, 2022, India extended a helping hand and offered a credit line of USD 500 mn to Sri Lanka for purchase of petroleum products
Mumbai (Maharashtra) [India], January 12 (ANI/PRNewswire): LazyPay, India's preferred Buy Now Pay Later solution by PayU Finance, today announced its partnership with SBM Bank India to launch LazyCard, a prepaid payment instrument backed by a credit line, foraying into the card segment.
New Delhi [India], December 22 (ANI): Union Minister of State for Finance Dr Bhagwat Kisanrao Karad has said that the Centre has announced Emergency Credit Line Guarantee Scheme as part of the Aatma Nirbhar Bharat Package with the objective to help MSMEs and business enterprises to meet thei
Sarajevo [Bosnia and Herzegovina], October 9 (ANI/FENA): The European Commission (EC) has transferred funds to Bosnia and Herzegovina in the amount of EUR 124,301,000.00 on the basis of the agreement on credit line between the European Union and Bosnia and Herzegovina.
New Delhi [India], September 29 (ANI): With a view to supporting the various businesses impacted by the second wave of the COVID-19 pandemic, the Government of India has decided to extend the timeline of the Emergency Credit Line Guarantee Scheme (ECLGS) till March 31, 2022, or till guarant
Dhaka [Bangladesh] September 27 (ANI): The Indian government on Monday signed to develop a new rail link in Bangladesh that will connect Bogura city to Sirajganj.
Mumbai (Maharashtra) [India], July 5 (ANI/BusinessWire India): Neowise Technologies, aspiring to be a credit led digital banking platform co-founded by Rohit Ramachandran and Siddarth Padmanabhan, recently partnered with Kalandri Capital Pvt. Ltd, an RBI licensed NBFC.
Mumbai (Maharashtra) [India], June 5 (ANI): The expansion of Emergency Credit Line Guarantee Scheme (ECLGS) announced by the government will help companies in sectors like civil aviation, hotels and tour operators where demand has been severely affected by the intense second wave of Covid-19
Mumbai (Maharashtra) [India], June 4 (ANI/News Voir): The Government has modified the ECLGS (Emergency Credit Line Guarantee Scheme). Borrowers who are eligible for restructuring as per RBI guidelines of May 05, 2021 and had availed loans under ECLGS 1.0 of overall period of four years compr
New Delhi [India], May 30 (ANI): The Ministry of Finance on Sunday further expanded the scope of the Emergency Credit Line Guarantee Scheme (ECLGS) amid the economic disruption caused by the second wave of the COVID-19 pandemic.