 "banks, bad loans, rbi,")
The finance ministry on Monday said banks have sanctioned over Rs 75,000 crore loans so far under the Rs 3-trillion Emergency Credit Line Guarantee Scheme (ECLGS) for the MSME sector reeling under stress due to the coronavirus-induced lockdown.
However, loans worth Rs 32,894.86 crore are disbursed under the 100 per cent ECLGS for the micro, small and medium enterprises (MSMEs), starting June 1.
The scheme is the biggest fiscal component of the Rs 20-trillion Aatmanirbhar Bharat Abhiyan package announced by Finance Minister Nirmala Sitharaman last month.
"The total amount sanctioned under the 100% Emergency Credit Line Guarantee Scheme by #PSBs and private banks stands
