Credit growth to MSMEs high, over 30.5 pc on average in Jan-Nov 2022: Economic Survey

Jan 31, 2023

CIBIL data also shows that ECLGS borrowers had lower non-performing asset rates than enterprises that were eligible for ECLGS but did not avail of...

Extension in period for repayment under ECLGS will help MSMEs - Chairman TEXPROCIL

Jun 04, 2021

Mumbai (Maharashtra) [India], June 4 (ANI/News Voir): The Government has modified the ECLGS (Emergency Credit Line Guarantee Scheme). Borrowers who are eligible for restructuring...

Raise ECLGS loan limit further, apparel export council urges Centre

Aug 02, 2020

New Delhi [India], August 2 : The Apparel Export Promotion Council (AEPC) on Sunday thanked the Centre for raising the outstanding loan limit to...

Cabinet approves enhancement in ECLGS corpus, hospitality sector to get boost

Aug 17, 2022

New Delhi [India], August 17 : The Union Cabinet on Wednesday approved the enhancement in the limit of the Emergency Credit Line Guarantee...

Public sector banks sanction loans worth Rs 10,361.75 cr under ECLGS

Jun 03, 2020

New Delhi [India], June 3 : Public sector banks have sanctioned loans worth Rs 10,361.75 crore under the 100 per cent Emergency Credit Line...

Centre's ECLG scheme saved 12 pc of outstanding MSME credit from slipping into non-performing assets: SBI Research

Jan 23, 2023

The Emergency Credit Line Guarantee Scheme (ECLGS) was launched in May 2020 as part of Aatmanirbhar Bharat initiative to support eligible Micro, Small and...