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        <h1>Finance Minister Urges Banks to Expedite Loan Resolutions, Reviews Credit Schemes Progress Ahead of Festive Season.</h1> The Finance Minister conducted a meeting with heads of Scheduled Commercial Banks and NBFCs to expedite the resolution of loan accounts and review progress under various credit schemes, including the Emergency Credit Line Guarantee Scheme (ECLGS) and Partial Credit Guarantee Scheme (PCGS) 2.0. She urged lenders to support borrowers post-moratorium and implement resolution plans by mid-September 2020. An emphasis was placed on creating awareness through media campaigns and providing clear information online. The Minister reviewed the disbursement of funds under these schemes, highlighting significant progress and urging lenders to extend relief to borrowers before the festive season.

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