Home Business Govt likely to allow co-operative banks to lend under MSME Emergency Credit Guarantee Scheme

Govt likely to allow co-operative banks to lend under MSME Emergency Credit Guarantee Scheme

by Economic Times
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Under the Scheme, 100% guarantee coverage is to be provided by NCGTC for additional funding of up to Rs. three lakh crore to eligible MSMEs and interested MUDRA borrowers, in the form of a guaranteed emergency credit line (GECL) facility.

This Govt likely to allow co-operative banks to lend under MSME Emergency Credit Guarantee Scheme was originally published on https://economictimes.indiatimes.com/small-biz/sme-sector/govt-likely-to-allow-co-operative-banks-to-lend-under-msme-emergency-credit-guarantee-scheme/articleshow/77461008.cms

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