Search For "emergency credit line guarantee scheme"
Export body FIEO seeks Emergency Credit Line Guarantee Scheme's extension
Updated : 2 years, 5 months ago IST
The scheme covered all sectors of the economy. It was introduced to provide 100 per cent guarantee coverage to banks and NBFCs to enable them to extend emerging credits to meet their working capital requirements.
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SpiceJet posts net profit of Rs 205 crore in April-June quarter
Updated : 2 years, 7 months ago IST
SpiceJet reported a net profit of Rs 205 crore for the April-June 2023 specified quarter, marking a turnaround from the net loss of Rs 789 crore reported in the same quarter last year.
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Geared up for expansion in operations, no question of filing insolvency: S
Updated : 2 years, 10 months ago IST
SpiceJet has initiated the process of reviving its grounded fleet with the USD 50 million funds received by the airline from the government's Emergency Credit Line Guarantee Scheme (ECLGS) and internal cash accruals.
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"No adverse ruling against us," says SpiceJet on NCLT notice
Updated : 2 years, 10 months ago IST
As the National Company Law Tribunal (NCLT) issued notice to SpiceJet on a plea filed by Irish aircraft lessor Aircastle, the budget carrier on Monday said the NCLT notice was issued in a normal course and there was no adverse ruling against the airline.
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SpiceJet to revive 25 grounded aircraft
Updated : 2 years, 10 months ago IST
On Wednesday, it said funds for the revival will be drawn from the government's Emergency Credit Line Guarantee Scheme (ECLGS) and better cash accruals. The airline has already mobilised around Rs 400 crore towards getting its grounded fleet back in the air, which will further enhance its
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Centre's ECLG scheme saved 12 pc of outstanding MSME credit from slipping
Updated : 3 years, 2 months ago IST
The Emergency Credit Line Guarantee Scheme (ECLGS) was launched in May 2020 as part of Aatmanirbhar Bharat initiative to support eligible Micro, Small and Medium Enterprises (MSMEs) and business enterprises
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SpiceJet to receive around Rs 225 cr next week under credit guarantee sche
Updated : 3 years, 6 months ago IST
New Delhi [India] September 2 (ANI): Budget carrier SpiceJet will receive around Rs 225 crore next week as part of the Emergency Credit Line Guarantee Scheme (ECLGS) scheme, sources in the airline told ANI.
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Cabinet approves enhancement in ECLGS corpus, hospitality sector to get bo
Updated : 3 years, 7 months ago IST
New Delhi [India], August 17 (ANI): The Union Cabinet on Wednesday approved the enhancement in the limit of the Emergency Credit Line Guarantee Scheme (ECLGS) by Rs 50,000 crore to Rs 5 lakh crore, with the additional amount being earmarked exclusively for enterprises in hospitality and rel
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Emergency Credit Line Guarantee Scheme corpus increased by Rs 50,000 crore
Updated : 3 years, 7 months ago IST
New Delhi [India], August 17 (ANI): The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved a proposal to enhance the limit of the Emergency Credit Line Guarantee Scheme (ECLGS) by Rs 50,000 crore to Rs 5 lakh crore.
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FICCI-CMSME President R Narayan congratulates all the MSMEs and startups o
Updated : 3 years, 9 months ago IST
New Delhi [India] June 27 (ANI/NewsVoir): Every big business starts out small, but each small business has made a big impact in the last year. From survival to recovery, India's MSMEs have put up a magnificent display of resilience and strength.
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Finance Minister holds meeting with tourism, hospitality sectors to discus
Updated : 4 years ago IST
New Delhi [India], February 25 (ANI): Union Finance Minister Nirmala Sitharaman on Friday met with representatives from travel, tourism, and hospitality sectors to discuss various banking-related issues.
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India's gems and jewellery exports likely to reach USD 40 bn in 2021-22: P
Updated : 4 years, 1 month ago IST
New Delhi [India], February 18 (ANI): India's gems and jewellery exports are expected to reach USD 40 billion in the current financial year, Union Minister for Commerce and Industry Piyush Goyal said on Friday.
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