-
READ MORE
The rupee-denominated loan has been disbursed as part of ADB’s ongoing COVID-19 response, it said Monday. Northern Arc Capital will use it to extend loans proceeds and provide guarantees to financial institutions and individual borrowers Read More
-
READ MORE
The Finance Ministry on 11,Dec’20 said banks have sanctioned loans worth Rs 2,05,563 crore to about 81 lakh accounts under the Rs 3-lakh crore Emergency Credit Line Guarantee Scheme (ECLGS) for the MSME sector that was impacted by disruptions caused due to the coronavirus pandemic Read More
-
READ MOREThe eight categories of loans are MSME (Micro, Small & Medium Enterprises), Education, Housing, Consumer durable, Credit card, Automobile, Personal, and Consumption.On 27 Nov,2020 The Supreme Court directed the central government to ensure that all steps be taken to implement its decision to forego interest on eight specified categories of loans paid up to ₹ […]
-
READ MOREICCI Bank to support SMEs (small and medium enterprises) and start-ups, has signed an MoU with HDFC Bank.According to the official release, through this association, Read More
-
READ MOREThe Government of India offered a ₹2.65-lakh-crore healing touch to various stressed sectors and individuals under Atmanirbhar Bharat 3.0 stimulus package. Read More
-
READ MOREThe Government of India extended the scope of Credit Guarantee by raising upper debt limit to include 26 worst hit Sectors to revive companies post lockdown and protect employment. Read More
-
READ MOREUttar Pradesh Government on 3 Dec’20 disbursed loan to the tune of Rs 10390 crore to 354825 MSME units and tools kits to 5000 trained under the one distinct one product schemes during a special online loan mela organized. Read More
-
READ MOREYES Bank plans to disburse ₹10,000 crore of loans to retail and micro, small and medium enterprises by the end of third quarter and is looking to double its assets and liabilities in the segments by 2023. Read More
