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Over 1 lakh guarantees totalling Rs 48,484 cr issued under ECLG scheme since May 5: FinMin
The Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 has seen over 1 lakh guarantees issued, totaling Rs 48,484 crore in just one month. This initiative, aimed at addressing liquidity challenges from the West Asia crisis, primarily benefits the MSME sector, with public sector banks playing a significant role in its rapid adoption.
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thehindu.com
Emergency Credit Line Guarantee Scheme outreach programme held in Coimbatore
Outreach programme held in Coimbatore highlights MSME demands for collateral-free funding under the Emergency Credit Line Guarantee Scheme.
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thehindubusinessline.com
ECLGS 5.0 crosses 1 lakh guarantees with Rs 48,484 crore coverage
ECLGS 5.0 crosses 1 lakh guarantees in a month, covering Rs 48,484 crore to support MSMEs and businesses facing liquidity challenges.
