Search For "eclgs"
R Narayan Founder & CEO Power2SME, President FICCI-CMSME hails the cap
Updated : 4 years, 3 months ago IST
Gurugram (Haryana) [India], February 1 (ANI/NewsVoir): We hail the new budget and the capital infusions for the MSME sector which will benefit greatly from the extension of the ECLGS by another year and from eased logistics through railways.
Read More
Emergency Credit Line Guarantee Scheme extended till March 2023
Updated : 4 years, 3 months ago IST
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.
Read More
Finance Ministry extends Emergency Credit Line Guarantee Scheme till March
Updated : 4 years, 7 months ago IST
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
Read More
Multiplex operator PVR Q1 net loss at Rs 220 crore
Updated : 4 years, 10 months ago IST
New Delhi [India], July 29 (ANI): Multiplex player PVR Cinemas on Thursday reported a consolidated net loss of Rs 220 crore for the April to June quarter against a loss of Rs 226 crore in the year-ago period.
Read More
Cabinet approves loan guarantee scheme for COVID-affected sectors, enhanc
Updated : 4 years, 11 months ago IST
New Delhi [India], June 30 (ANI): The Union Cabinet on Wednesday approved Loan Guarantee Scheme for Covid Affected Sectors (LGSCAS) enabling funding to the tune of Rs 50,000 crore to provide financial guarantee cover for brownfield expansion and greenfield projects related to health and med
Read More
Expanded ECLGS a lifeline for sectors hit by second Covid wave: Crisil
Updated : 4 years, 11 months ago IST
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
Read More
Extension in period for repayment under ECLGS will help MSMEs - Chairman T
Updated : 4 years, 11 months ago IST
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
Read More
COVID-19: Centre expands Emergency Credit Line Guarantee Scheme amid secon
Updated : 4 years, 12 months ago IST
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.
Read More
Avail funds for small business with a business loan from Ziploan
Updated : 5 years, 2 months ago IST
New Delhi [India], March 9 (ANI/BusinessWire India): MSMEs contribute to a great extent when it comes to the GDP of the nation and to assist these micro, small and medium enterprises (MSME), the government of India had declared a Rs 3 lakh crore Emergency Credit Line Guarantee Scheme (ECLGS)
Read More
Avail funds for small business in just 24 hours with a business loan from
Updated : 5 years, 3 months ago IST
Pune (Maharashtra) [India], February 17 (ANI/BusinessWire India): To help micro, small and medium enterprises (MSME) mitigate the stress caused by the lockdown, the government of India announced a Rs 3 lakh crore Emergency Credit Line Guarantee Scheme (ECLGS) for MSMEs under the Aatmanirbhar
Read More
Moderate bank stress formation likely but provisioning can remain elevated
Updated : 5 years, 4 months ago IST
Mumbai (Maharashtra) [India], Jan 11 (ANI): Bank credit growth remains moderate but the outlook is improving due to healthy traction in mortgage, auto and cards led by faster economic recovery, Emkay Global Financial Services said on Monday.
Read More
Existing Emergency Credit Line Guarantee Scheme extended till March 31 nex
Updated : 5 years, 6 months ago IST
New Delhi [India], November 12 (ANI): Union Finance Minister Nirmala Sitharaman on Thursday announced that the existing Emergency Credit Line Guarantee Scheme (ECLGS) has been extended till March 31 next year.
Read More