https://www.taxtmi.com/news?id=23322 The Emergency Credit Line Guarantee Scheme has been extended by one month until November 30, 2020, or until an aggregate sanctioned amount threshold is reached, to allow additional eligible MSMEs, business enterprises, individual business loans and MUDRA borrowers to obtain fully guaranteed collateral free credit equal to 20% of their outstanding as of 29.2.2020. Interest rates are capped by lender type and loans carry a four year tenor with a one year principal moratorium; significant sanctioning and partial disbursement have already occurred. en-us Mon, 02 Nov 2020 15:28:21 +0530 Mon, 02 Nov 2020 15:28:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=23322 The Emergency Credit Line Guarantee Scheme has been extended by one month until November 30, 2020, or until an aggregate sanctioned amount threshold is reached, to allow additional eligible MSMEs, business enterprises, individual business loans and MUDRA borrowers to obtain fully guaranteed collateral free credit equal to 20% of their outstanding as of 29.2.2020. Interest rates are capped by lender type and loans carry a four year tenor with a one year principal moratorium; significant sanctioning and partial disbursement have already occurred. News - Mon, 02 Nov 2020 15:28:21 +0530 https://www.taxtmi.com/news?id=23322