Banks sanction ₹1.87 lakh crore to 50.7 lakh MSMEs under credit guarantee scheme

Of this, about 27 lakh MSME units received cumulative disbursement of ₹1,36,140 crore till October 5 The Finance Ministry on Thursday said banks have sanctioned loans of about ₹1,87,579 crore to 50.7 lakh business units under the ₹3-lakh crore Emergency Credit Line Guarantee Scheme (ECLGS) for the MSME sector impacted …

Read moreBanks sanction ₹1.87 lakh crore to 50.7 lakh MSMEs under credit guarantee scheme