https://www.taxtmi.com/news?id=26013 The Emergency Credit Line Guarantee Scheme extends a 100% credit guarantee to lenders for loans to eligible MSMEs and businesses, with an increased admissible guarantee limit and an additional cover earmarked for Hospitality and Civil Aviation. The scheme operated largely as an opt-out mechanism for eligible MSMEs with most borrowers holding loans up to the stated threshold. The operating agency reports the issued guarantee amount, borrower coverage, the proportion of MSME loan counts and values, and an NPA ratio for ECLGS credit; centralised SMA data are not maintained. en-us Mon, 12 Dec 2022 18:56:11 +0530 Mon, 12 Dec 2022 18:56:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=26013 The Emergency Credit Line Guarantee Scheme extends a 100% credit guarantee to lenders for loans to eligible MSMEs and businesses, with an increased admissible guarantee limit and an additional cover earmarked for Hospitality and Civil Aviation. The scheme operated largely as an opt-out mechanism for eligible MSMEs with most borrowers holding loans up to the stated threshold. The operating agency reports the issued guarantee amount, borrower coverage, the proportion of MSME loan counts and values, and an NPA ratio for ECLGS credit; centralised SMA data are not maintained. News - Mon, 12 Dec 2022 18:56:11 +0530 https://www.taxtmi.com/news?id=26013