Monday, June 22, 2020

Banks sanction over Rs 75,000-cr loans to MSMEs under credit guarantee scheme

The finance ministry on Monday said banks have sanctioned over Rs 75,000 crore loans so far under the Rs 3-lakh crore Emergency Credit Line Guarantee Scheme (ECLGS) for the MSME sector reeling under stress due to the coronavirus-induced lockdown.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/banks-sanction-over-rs-75000-cr-loans-to-msmes-under-credit-guarantee-scheme/articleshow/76516727.cms

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