3 Lakh Cr Credit Line

Partial Credit Guarenttee for NBFCs Operational and Rs 3 Lakh Cr Credit Line for MSMEs Soon

Finance Minister Nirmala Sitharaman had a detailed meeting with chiefs of public sector banks (PSBs) on Friday, the DFS said that the formalities for the government-guaranteed credit for MSMEs are underway. "PCGS scheme operational! Ensuring liquidity to #MSME! 100% Govt. Guaranteed Rs. 3 Lakh Cr credit line expected to be operational very soon. Formalities underway," said the DFS tweet.