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Banks sanction Rs 35,000 cr loans under ECLGS to MSMEs to deal with West Asia crisis
Banks have disbursed Rs 35,000 crore in loans under the Emergency Credit Line Guarantee Scheme. This initiative supports MSMEs and industries affected by the West Asia conflict. The scheme aims to provide crucial liquidity and prevent job losses. It offers additional credit and guarantees to eligible businesses.
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economictimes.indiatimes.com
Banks sanction Rs 35,000 cr loans under ECLGS to MSMEs to deal with West Asia crisis
Banks have disbursed Rs 35,000 crore in loans under the Emergency Credit Line Guarantee Scheme. This initiative supports MSMEs and industries affected by the West Asia conflict.…
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thehindubusinessline.com
West Asia Crisis: Banks sanction ₹35,000 cr loans under Emergency Credit Line Scheme to MSMEs
Banks have sanctioned ₹35,000 crore loans under the Emergency Credit Line Guarantee Scheme (ECLGS) to MSMEs and industries impacted by the West Asia conflict.
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Around 2.63 applications received under ECLGS 5.0
Over 2.63 lakh applications received under ECLGS 5.0 to support businesses amid West Asia conflict challenges.