Banks sanction over Rs 75,000-cr loans to MSMEs under credit guarantee scheme

The finance ministry on Monday said banks have sanctioned over Rs 75,000 crore loans so far under the Rs 3-lakh crore Emergency Credit Line Guarantee Scheme (ECLGS) for the MSME sector reeling under stress due to the coronavirus-induced lockdown.

from Banking/Finance-Industry-Economic Times https://ift.tt/37Rlk39