Search For "emergency credit line guarantee scheme eclgs"
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Updated : 5 years, 4 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
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Moderate bank stress formation likely but provisioning can remain elevated
Updated : 5 years, 6 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.
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Existing Emergency Credit Line Guarantee Scheme extended till March 31 nex
Updated : 5 years, 8 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.
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MSME credit declines by 6 pc in Q1 on Covid-19 impact: Motilal Oswal
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], Oct 14 (ANI): Total credit to micro, small and medium enterprises (MSMEs) in the country declined 6 per cent year-on-year in the first quarter of current fiscal year and 3.4 per cent quarter-on-quarter, Motilal Oswal Financial Services said on Wednesday.
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Loans worth Rs 1 lakh crore disbursed under ECLGS to offset COVID-19 distr
Updated : 5 years, 10 months ago IST
New Delhi [India], Aug 20 (ANI): Banks from public and private sectors have sanctioned loans worth over Rs 1.5 lakh crore under the Emergency Credit Line Guarantee Scheme (ECLGS) of which more than Rs 1 lakh crore has already been disbursed, the government said on Thursday.
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Raise ECLGS loan limit further, apparel export council urges Centre
Updated : 5 years, 11 months ago IST
New Delhi [India], August 2 (ANI): The Apparel Export Promotion Council (AEPC) on Sunday thanked the Centre for raising the outstanding loan limit to Rs 50 crore for availing Emergency Credit Line Guarantee Scheme (ECLGS).
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Banks have disbursed Rs 77,613.06 cr out of Rs 1,27,582.60 cr sanctioned u
Updated : 5 years, 11 months ago IST
New Delhi [India], July 22 (ANI): Banks have disbursed Rs 77,613.06 crore as of July 20 out of Rs 1,27,582.60 crore sanctioned under the 100 per cent Emergency Credit Line Guarantee Scheme (ECLGS), the office of Finance Minister Nirmala Sitharaman said in a tweet.
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Public sector banks sanction loans worth Rs 10,361.75 cr under ECLGS
Updated : 6 years, 1 month ago IST
New Delhi [India], June 3 (ANI): Public sector banks have sanctioned loans worth Rs 10,361.75 crore under the 100 per cent Emergency Credit Line Guarantee Scheme, said Finance Minister Nirmala Sitharaman's office on Wednesday.
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