How will govt's credit guarantee scheme 2.0 work?

The government on Thursday said it has extended the Emergency Credit Line Guarantee Scheme (ECLGS) to the health sector and 26 other sectors identified by the Kamath Committee. The National Credit......

Govt seeks to infuse Rs 20,000 cr in public sector banks

This is part of the first batch of Supplementary Demands for Grants for 2020-21 moved by Finance Minister Nirmala Sitharaman in the Lok Sabha. Illustration: Dominic Xavier/Rediff.com The......

FM urges pvt banks to ensure smooth liquidity for MSMEs

The finance minister chaired a meeting through video conference with major private banks and NBFCs to ensure effective rollout of ECLGS and uninterrupted liquidity to Indian MSMEs in this difficult......

Sitharaman tells PSU bank chiefs to quicken loans to MSMEs

Finance Minister Nirmala Sitharaman on Tuesday held a review meeting on credit guarantee scheme with heads of public sector banks, and asked them to expedite loan disbursement under the Rs 3-lakh......