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.
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.
New Delhi [India], Aug 14 (ANI): Union Finance Minister Nirmala Sitharaman on Friday said that a total amount sanctioned under the 100 per cent Emergency Credit Line Guarantee Scheme by public sector banks and private banks stands at Rs 1,43,318.09 crore.
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).
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.
New Delhi [India], June 23 (ANI): To help micro, small and medium enterprises (MSMEs) tide over challenges created by the lockdown after Covid-19 outbreak, public and private sector banks have sanctioned loans worth Rs 79,000 crore of which more than Rs 35,000 crore has already been disburse
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.
New Delhi [India], May 20 (ANI): The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved to enable additional funding of up to Rs 3 lakh crore to eligible Micro, Small and Medium Enterprises (MSMEs) and interested Micro Units Development and Refinance Agency Bank (MUDRA) bor