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Sunday, May 19, 2024

The Emergency Credit Line Guarantee Scheme (ECLGS)

Guaranteed Emergency Credit Line (GECL) facility to eligible Micro, Small and Medium Enterprise (MSME) borrowers, including interested MUDRA borrowers

The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has given the following approvals: To enable additional funding of up to Rs. three lakh crore to eligible MSMEs and interested MUDRA borrowers by way of "Emergency Credit...
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Fusion Micro Finance Secures $25 Million Loan to Boost Financial Inclusion

Fusion Micro Finance, a leading NBFC microfinance company, announced on Friday that it has entered into a $25 million...
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