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

The launch of a new credit guarantee scheme for the MSME sector covering loans up to Rs 100 crore will help attract more ...

The government has also proposed to double its credit guarantee for startups to Rs 20 crore, which is being lauded by the ...

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

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 ...

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

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, ...

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

The government has approved the Mutual Credit Guarantee Scheme for MSMEs, guaranteeing loans up to ₹100 crore. This scheme ...

Union Finance Minister Nirmala Sitharaman on February 1st came out with good news for the Micro, Small and Medium Enterprises (MSME’s) in India. Sitharaman in her eighth budget speech stated that the ...

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

On January 29, the government launched the Mutual Credit Guarantee Scheme for MSMEs (MCGS- MSME) with an aim to provide 60 per cent guarantee coverage by National Credit Guarantee Trustee Company Ltd ...