https://www.taxtmi.com/news?id=22899 Emergency Credit Line backed by a Government guarantee has enabled banks to sanction and disburse substantial loans to MSMEs to restart operations, permitting eligible enterprises to obtain additional credit as a percentage of existing borrowings at capped interest rates. Complementary measures include refinance facilities to non-bank lenders and housing financiers to boost lending to small borrowers, and an Extended Partial Guarantee Scheme providing contingent support to NBFCs and MFIs with approvals and further transactions underway. en-us Tue, 23 Jun 2020 17:15:00 +0530 Tue, 23 Jun 2020 17:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=22899 Emergency Credit Line backed by a Government guarantee has enabled banks to sanction and disburse substantial loans to MSMEs to restart operations, permitting eligible enterprises to obtain additional credit as a percentage of existing borrowings at capped interest rates. Complementary measures include refinance facilities to non-bank lenders and housing financiers to boost lending to small borrowers, and an Extended Partial Guarantee Scheme providing contingent support to NBFCs and MFIs with approvals and further transactions underway. News - Tue, 23 Jun 2020 17:15:00 +0530 https://www.taxtmi.com/news?id=22899