Thu, Jun 29, 2023
Goyal said that the ECGC can examine the extension of the scheme, proposed for nine banks, to all the banks so that the export credit offtake for the MSME exporters can be increased.
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Tue, Apr 04, 2023
A bank gives a loan to an applicant under credit guarantee, and the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) takes guarantee of this loan.
Tue, Jan 24, 2023
Budget 2023: One of the major expectations of this sector includes increasing MSMEs' access to finance and restructuring the existing credit schemes for the sector.
Tue, Nov 16, 2021
NBFC company U GRO Capital on Tuesday said State Bank of India (SBI) has partnered with it for a co-lending arrangement to disburse up to Rs 500 crore to MSMEs by the end of this fiscal.
Mon, Oct 04, 2021
The government has extended the Credit Guarantee Scheme for Subordinate Debt (CGSSD) for stressed MSMEs till March 31, 2022. The scheme was launched on June 24, 2020.
Mon, Nov 13, 2017
Last month, the government had unveiled a whopping Rs 2.11-lakh crore two-year road map to strengthen NPA-hit public sector banks (PSBs), which includes recapitalisation bonds, budgetary support and equity dilution.
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