MSME loan default: Lakhs of micro units turn NPAs under govt’s ECLGS scheme; check details Credit and finance for MSMEs: As of February 28, 1.13 crore MSME borrowers were supported with Rs 2.40 lakh crore… April 10, 2023 13:46 IST
Over 97% of ECLGS borrowers micro and small enterprises: Govt data Credit and finance for MSMEs: 98.9 lakh ECLGS guarantees involving Rs 13,683 crore issued were up to Rs 1 lakh while… February 23, 2023 18:33 IST
Rs 3.60 lakh crore ECLGS loans sanctioned to MSMEs, others till December 2022: Mos MSME Credit and finance for MSMEs: In FY23 till December-end, 85,352 loans involving Rs 24,162 crore were sanctioned to MSMEs and… February 5, 2023 14:56 IST
ECLGS: 14.6 lakh MSMEs saved post Covid including livelihood of 6.6 crore people, says SBI report Credit and finance for MSMEs: Out of total MSME loan accounts saved under ECLGS, almost 93.8 per cent were micro… January 23, 2023 12:39 IST
Nearly 17% of ECLGS loans have turned into NPAs: RBI report Credit and finance for MSMEs: Around 17.72 lakh accounts (one-sixth of around 1.04 crore accounts) under ECLGS have become non-performing… January 3, 2023 18:47 IST
MSME credit growth ‘distinctly higher’ than large industries post Covid: RBI report Credit and Finance for MSMEs: MSME industries’ credit jumped by nearly 20 per cent in FY21 and more than 35… December 28, 2022 18:35 IST
ECLGS: Small enterprises among MSMEs are top beneficiaries of credit scheme, shows govt data Credit and finance for MSMEs: States with the highest number of MSME beneficiaries under ECLGS since the beginning of the… December 21, 2022 17:59 IST
ECLGS loans to domestic airlines haven’t reduced MSMEs’ share in credit scheme: MoS Finance Credit and finance for MSMEs: The loan amount disbursed till November to the aviation sector under ECLGS was only 0.22… December 12, 2022 18:34 IST
ECLGS: 57% of Rs 5 lakh cr disbursed till Nov; NPAs at 3.89% Credit and finance for MSMEs: Out of the total sanctioned amount, 66 per cent has been extended to MSME borrowers… Updated: December 21, 2022 17:03 IST
MSME credit appetite likely to be robust with ECLGS extension till March 2023: Finance Ministry Credit and finance for MSMEs: Credit offtake by MSMEs, which was subdued until the second quarter of the financial year… October 26, 2022 17:44 IST
PM Modi: 1.5 crore jobs saved during Covid after govt provided Rs 3 lakh crore to MSMEs Credit and finance for MSMEs: PM Modi said Rs 20 lakh crore Mudra loans have been given so far and… October 23, 2022 12:59 IST
ECLGS helped MSMEs start new trades as well apart from reviving, scaling business: Report Credit and Finance for MSMEs: . The NPA rate for MSMEs availing ECLGS was 4.8 per cent, lower than 6.1… August 29, 2022 18:11 IST
Govt’s decision to enhance ECLGS limit timely as demand for tourism picking up: Tourism minister G Kishan Reddy Credit and finance for MSMEs: Finance minister Nirmala Sitharaman in the FY23 budget had proposed to expand the ECLGS coverage… August 21, 2022 12:31 IST
ECLGS: 1.19 crore MSMEs, other businesses benefitted till June 2022; Rs 3.48 lakh cr loans sanctioned Credit and Finance for MSMEs: Out of the total ECLGS beneficiary count, 1.13 crore were MSMEs (95 per cent) while… August 4, 2022 16:56 IST
Over 1.18 crore MSMEs, other businesses supported under ECLGS during FY21, FY22: Govt Credit and Finance for MSMEs: Karnataka was the top beneficiary state with 4.12 lakh businesses supported during FY22 followed by… Updated: July 24, 2022 19:48 IST
ECLGS: Loans worth Rs 3.32 lakh crore sanctioned to MSMEs, others till April 2022, shows RBI report Credit and Finance for MSMEs: In terms of borrower count, private banks disbursed credit to 67.61 lakh new borrowers in… July 3, 2022 15:42 IST
Social enterprise Haqdarshak launches Yojana card for small firms, informal workers to access welfare schemes Ease of Doing Business for MSMEs: Haqdarshak’s MSME platform currently helps businesses access over 200 schemes related to funding, subsidies,… May 2, 2022 14:30 IST
ECLGS: Rs 3.23 lakh crore loans provided by banks to 1.17 crore MSMEs, others: Govt Credit and Finance for MSMEs: 95 per cent or 1.12 crore beneficiaries under ECLGS were MSMEs. March 29, 2022 09:00 IST
Over 95% of ECLGS beneficiaries are MSMEs: FinMin Credit and Finance for MSMEs: The loan guarantee under ECLGS is provided by NCGTC to lenders with respect to the… March 23, 2022 13:15 IST
Parliamentary panel to govt: Extend ECLGS loan repayment period for MSMEs up to 7-8 years Credit and Finance for MSMEs: The committee also recommended increasing the limit for collateral-free loans including term loans or working… March 22, 2022 14:24 IST
ECLGS: Guarantees issued to MSMEs till February-end in FY22 declined sharply from FY21, shows govt data Credit and Finance for MSMEs: ECLGS was devised for MSMEs, individual borrowers, and other business enterprises whose total fund-based credit… Updated: March 20, 2022 20:05 IST
6 Photos Govt’s flagship credit scheme ECLGS sees 75% drop in MSME takers in FY22 | In pictures Launched in May 2020, ECLGS has benefitted around 1.19 crore businesses as of June 30, 2022, and sanctioned collateral-free loans… August 8, 2022 21:01 IST View Photos
