The government of India has approved a new Mutual Credit Guarantee Scheme (MCGS) aimed at providing a financial cushion for ...
The launch of a new credit guarantee scheme for the MSME sector covering loans up to Rs 100 crore will help attract more ...
Finance Minister Nirmala Sitharaman will deliver her eighth consecutive Union Budget on February 1. This will be the inaugural comprehensive Budget of the NDA 3.0 for FY26. The 2025 Budget should ...
The government has approved the Mutual Credit Guarantee Scheme for MSMEs, guaranteeing loans up to ₹100 crore. This scheme ...
Coordinating Minister for Economic Affairs, Airlangga Hartarto, has emphasized the government's commitment to supporting the ...
The new credit guarantee scheme for the MSME sector covering loans up to Rs 100 crore will accelerate capacity expansion, enhance productivity, and improve the competitiveness of domestic industry, ...
The Mutual Credit Guarantee Scheme for MSMEs is expected to facilitate the availability of credit for purchase of plant, ...
While the loan coverage is capped at INR 100 crore, the total project cost can exceed this amount, provided at least 75 per ...
The government has approved the Mutual Credit Guarantee Scheme for MSMEs (MCGS-MSME) that would facilitate loans up to Rs 100 ...
The apparel and textile sector is a key pillar of India’s economy, contributing significantly to employment and exports.
The Chennai-headquartered bank’s priorities include increasing digital adoption on the liability side and raising the MSME share in its loan portfolio from 17 per cent to 20 per cent ...
For availing the scheme, the MSMEs should fulfil certain conditions which include that the borrower should be an MSME with ...