ECLGS scheme

ECLGS SCHEME NEWS

ECLGS extended till next fiscal, guarantee cover raised to 5L cr

February 02, 2022 8:35 am

Finance Minister Nirmala Sitharaman on Tuesday proposed to extend the Emergency Credit Line Guarantee Scheme (ECLGS) till the end of March 2023

Credit offtake of large cos hit, MSMEs gain on ECLGS push

July 31, 2021 3:38 am

Credit offtake by the industry had grown 2.2 per cent in the previous year.

‘Existing window sufficient’ but govt ‘open to raising’ ECLGS cap

June 02, 2021 12:31 am

Under ECLGS, which is for helping firms tide over liquidity crunch resulting from Covid curbs, banks provide additional loans to existing borrowers without asking for extra collateral.

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