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Banks sanction Rs 75,000-cr loans to MSMEs under credit guarantee scheme
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PSBs lead in disbursing loans to MSMEs under credit guarantee scheme

The bulk of the disbursed amount -about two-third- was contributed by public sector banks.

Topics
MSME | public sector banks PSBs | Lockdown

Indivjal Dhasmana  |  New Delhi 



Banks
Around 700,000 MSME accounts have availed of the scheme so far, according to a tweet by Finance Minister Nirmala Sitharaman's office.

have sanctioned around Rs 75,000 crore and disbursed about Rs 33,000 crore to micro, small, and medium enterprises (MSMEs) under the Emergency Credit Line Guarantee Scheme (ECLGS), announced under the Atmanirbhar package.

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First Published: Tue, June 23 2020. 00:40 IST

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