While the loan coverage is capped at INR 100 crore, the total project cost can exceed this amount, provided at least 75 per ...

The scheme will be applicable to all loans sanctioned under MCGS-MSME during the period of four years from the date of issue ...

The Centre has approved Rs 3,019 crore under the Credit Guarantee Fund Scheme benefitting 6.78 lakh students till 2024, Union Education Minister Dharmendra Pradhan said on Monday. Under the scheme, ...

The government's expanded credit guarantee schemes and the introduction of new financial tools like RuPay-powered credit ...

The scheme aims at loan coverage of upto Rs 75 lakh and Rs 2 crore for agricultural and non-agricultural purpose respectively ...

The Mutual Credit Guarantee Scheme for MSMEs is expected to facilitate the availability of credit for purchase of plant, ...

Union Finance Minister Nirmala Sitharaman on Saturday said in her eighth Budget speech that the credit guarantee cover limits ...

A collaborative approach involving the government and policymakers, digital lenders or fintech firms, and traditional banks ...

The government of India has approved a new Mutual Credit Guarantee Scheme (MCGS) aimed at providing a financial cushion for ...

In her Union Budget speech, Finance Minister Nirmala Sitharaman has announced a major hike in the credit guarantee cover for ...

Sitharaman said in her eighth Budget speech that the credit guarantee cover limits for the MSME sector will be enhanced.

The scheme also provides a repayment period of up to eight years, with a two-year moratorium for loans up to Rs 50 crore. To ...