Credit Guarantee Trust For Micro
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Renewed Loan Guarantee Scheme To Come Into Effect From Tomorrow
A revamped credit guarantee scheme for India's micro and small enterprises will come into effect from Saturday, with the annual guarantee fee for loans up to Rs 1 crore getting reduced from the peak 2 per cent to 0.37 per cent.
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Lack Of Updated MSME Data Hampering Timely Funds Disbursal
One of the biggest roadblocks in providing adequate and timely funds to MSMEs is the non-availability of reliable and consolidated data about them
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Government Extends Loan Guarantee Scheme For Small Units
Credit guarantee scheme for subordinate debt for MSMEs, which are financially stressed, has been extended by the government till March 31, 2022.
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Government Cleared More Than 53 Lakh Loans During June-End Period Of 2021-22
Credit Guarantee Scheme: Loans worth Rs 2,72,007 crore between April-June period of 2021-22 were cleared under the scheme.
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Government Approves Conversion of MUDRA into a Bank
The Cabinet on Thursday approved conversion of MUDRA Ltd, an NBFC, into a bank and also setting up of a Credit Guarantee Fund for loans disbursed under the Pradhan Mantri Micro Units Development Refinance Agency (MUDRA) Yojana.
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Need to redefine sick industrial units, says KC Chakrabarti
Chakrabarti said that banks are neglecting services such as factoring, which are of great help to small units.
-
Renewed Loan Guarantee Scheme To Come Into Effect From Tomorrow
A revamped credit guarantee scheme for India's micro and small enterprises will come into effect from Saturday, with the annual guarantee fee for loans up to Rs 1 crore getting reduced from the peak 2 per cent to 0.37 per cent.
-
Lack Of Updated MSME Data Hampering Timely Funds Disbursal
One of the biggest roadblocks in providing adequate and timely funds to MSMEs is the non-availability of reliable and consolidated data about them
-
Government Extends Loan Guarantee Scheme For Small Units
Credit guarantee scheme for subordinate debt for MSMEs, which are financially stressed, has been extended by the government till March 31, 2022.
-
Government Cleared More Than 53 Lakh Loans During June-End Period Of 2021-22
Credit Guarantee Scheme: Loans worth Rs 2,72,007 crore between April-June period of 2021-22 were cleared under the scheme.
-
Government Approves Conversion of MUDRA into a Bank
The Cabinet on Thursday approved conversion of MUDRA Ltd, an NBFC, into a bank and also setting up of a Credit Guarantee Fund for loans disbursed under the Pradhan Mantri Micro Units Development Refinance Agency (MUDRA) Yojana.
-
Need to redefine sick industrial units, says KC Chakrabarti
Chakrabarti said that banks are neglecting services such as factoring, which are of great help to small units.
