
The RBI report also noted increased lending by both public and private sector banks to MSMEs in H1 despite ECLGS…
Govt’s Flagship Credit Scheme ECLGS: Within MSME loans under ECLGS, 1.11 crore loans were to micro and small enterprises (MSEs)…
Credit and finance for MSMEs: The GNPA ratio for MSME loans below Rs 25 crore, which are particularly vulnerable to…
Credit and finance for MSMEs: As of February 28, 1.13 crore MSME borrowers were supported with Rs 2.40 lakh crore…
Credit and finance for MSMEs: 98.9 lakh ECLGS guarantees involving Rs 13,683 crore issued were up to Rs 1 lakh while…
Credit and finance for MSMEs: In FY23 till December-end, 85,352 loans involving Rs 24,162 crore were sanctioned to MSMEs and…
Credit and finance for MSMEs: Out of total MSME loan accounts saved under ECLGS, almost 93.8 per cent were micro…
Credit and finance for MSMEs: Around 17.72 lakh accounts (one-sixth of around 1.04 crore accounts) under ECLGS have become non-performing…
Credit and Finance for MSMEs: MSME industries’ credit jumped by nearly 20 per cent in FY21 and more than 35…
Credit and finance for MSMEs: States with the highest number of MSME beneficiaries under ECLGS since the beginning of the…
Credit and finance for MSMEs: The loan amount disbursed till November to the aviation sector under ECLGS was only 0.22…
Credit and finance for MSMEs: Out of the total sanctioned amount, 66 per cent has been extended to MSME borrowers…
Credit and finance for MSMEs: Credit offtake by MSMEs, which was subdued until the second quarter of the financial year…
Credit and finance for MSMEs: PM Modi said Rs 20 lakh crore Mudra loans have been given so far and…
Credit and Finance for MSMEs: . The NPA rate for MSMEs availing ECLGS was 4.8 per cent, lower than 6.1…
Credit and finance for MSMEs: Finance minister Nirmala Sitharaman in the FY23 budget had proposed to expand the ECLGS coverage…
Launched in May 2020, ECLGS has benefitted around 1.19 crore businesses as of June 30, 2022, and sanctioned collateral-free loans…
Credit and Finance for MSMEs: Out of the total ECLGS beneficiary count, 1.13 crore were MSMEs (95 per cent) while…