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

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 is to set up a credit guarantee fund to enable small and medium enterprises (SMEs) to secure loans, top officials said. “The SME cannot take loans from banks as they do not have ...

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

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

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

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

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

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

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

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

Presenting the Budget, Finance Minister Nirmala Sitharaman on Saturday announced that the credit guarantee cover for startups ...