Tag: MSME Loans
Special Liquidity Scheme for NBFCs and HFCs
RBI will provide funds for the Scheme by subscribing to government-guaranteed special securities issued by the Trust. The total amount of such securities issued outstanding ... Read More
Loans Of Over Rs 1 Lakh Crore Sanctioned Under ECLGS
This would help more than 30 lakh units of MSMEs & other businesses restart their businesses post the lockdown.. Read More
MSMEs Can Contribute in India’s Economic Recovery Through Emergency Credit Loan Guarantee Scheme
Research shows vast majority (over 80%) of MSMEs set to benefit from ECLGS considered structurally strong. When combined with portfolio management solutions, ECLGS gives lending ... Read More
SBI to Provide Collateral Free Loans to 48168 MSMEs in Odisha
While urging enterprises to come forward and avail the benefit, she said, “The existing affected units will get 20 per cent (pc) of their fund-based ... Read More
Rs 79,000 Cr Loans Approved to Revive MSME’s Economy Post-Lockdown
The top lenders, under Atmanirbhar Bharat and other Govt schemes, are SBI, HDFC Bank, Bank of Baroda, PNB and Canara Bank. The loans had helped ... Read More
Over Rs 21 Thousand Cr Disbursed By Banks to MSMEs: FM Sitharaman
As of June 18, 2020, public sector banks have sanctioned loans worth Rs 40,416 crore under the 100 per cent Emergency Credit Line Guarantee Scheme, ... Read More
Govt Closely Monitoring Rate Cut by Banks:Nirmala Sitharaman
During a video conference with the Managing Committee Members of PHD Chamber of Commerce and Industry, the minister said that the Centre is also monitoring ... Read More