Banks disburse Rs 7,500 crore under Credit Guarantee Scheme for micro finance institutions

"Credit Guarantee for MFIs fully utilised within 75 days. Rs 7500 cr sanctioned to #MFIs under #CGSMFI for onlending to small borrowers. Big boost to consumption and livelihoods," the ministry said in a tweet.

from Banking/Finance-Industry-Economic Times https://ift.tt/3kQSvfz