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RBI tells banks to assign 'zero' risk for emergency loans to MSME
The government in May introduced the Emergency Credit Line Guarantee Scheme (ECLGS) for providin…
PTI
Banks launch special emergency loans for customers amid COVID-19 crisis
"We expect that these credit lines will meet the immediate liquidity requirements of businesses. S…
PTI
SBI disburses Rs 8,700 cr to MSMEs under emergency credit guarantee scheme
"MSMEs formed a very crucial part of the announcements made under the 'Atmanirbhar Bharat Abhiyan'…
PTI
Banks sanction over Rs 75,000-cr loans to MSMEs under credit guarantee scheme
The main objective of the scheme is to provide an incentive to member lending institutions to incre…
PTI
Banks disburse over Rs 50,000 cr loans to MSMEs under credit guarantee scheme
Under the scheme, 100 per cent guarantee coverage will be provided by National Credit Guarantee Tr…
PTI
Bank of Baroda to offer up to Rs 12k cr loans to MSMEs under credit guarantee scheme
"In our case, that particular portfolio amounts to be Rs 58,000 crore. So, 20 per cent of that wou…
PTI
More than dozen PSBs announce COVID-19 emergency credit line
The quantum of loan is in the form of additional line of credit ranging from 10 per cent or higher…
PTI
COVID-19: Indian Bank announces additional funding facility
"IND- COVID Emergency Credit Line (IBCECL)- will provide additional funding of up to 10 per cent o…
PTI
Union Bank sets up emergency funding line for corporates, MSMEs
"This credit facility is available at NIL margin with competitive rate of interest - 8 per cent fix…
PTI
Ensure effective rollout of Rs 3-lakh crore ECLGS for MSMEs: FM to pvt banks
The main objective of the scheme is to provide an incentive to member lending institutions to incre…
PTI
Bank of Maharashtra sanctions Rs 2,789 cr loans over 3 months to MSMEs, others
"We have sanctioned loans amounting to Rs 2,789 crore under agriculture, SHGs, Retail, MSMEs with a…
PTI
Banks sanctions about Rs 1.20 lakh crore loans to MSMEs under credit guarantee scheme
Under the scheme, 100 per cent guarantee coverage will be provided by the National Credit Guarante…
PTI
Banks sanction about Rs 1.14 lakh crore loans to MSMEs under credit guarantee scheme
Under the scheme, 100 per cent guarantee coverage will be provided by the National Credit Guarante…
PTI
Banks sanctions about Rs 1.14 lakh crore loans to MSMEs under credit guarantee scheme
Under the scheme, 100 per cent guarantee coverage will be provided by the National Credit Guarante…
PTI
FM meets PSU bank chiefs, prods them to implement 'Aatmanirbhar' relief package
"I must give credit to the public sector banks for having done a splendid job in implementing PM G…