Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>MSME Support Boost: Emergency Credit Line Guarantees Rs. 79,000 Crore Loans; 19 Lakh Businesses Benefit Post-Lockdown.</h1> Government interventions for MSMEs have shown significant progress, with the Emergency Credit Line Guarantee Scheme resulting in loan sanctions exceeding Rs. 79,000 crore by June 20, 2020, and disbursements over Rs. 35,000 crore. Major lenders include SBI, HDFC Bank, and others, aiding 19 lakh MSMEs to restart post-lockdown. As part of the Aatmanirbhar package, the government announced Rs. 3 lakh crore in additional credit for MSMEs, allowing up to 20% of existing borrowings as additional loans. Additionally, SIDBI and NHB have sanctioned over Rs. 20,220 crore to NBFCs and Housing Finance Companies, with further support through the Extended Partial Guarantee Scheme.