The government of India has approved a new Mutual Credit Guarantee Scheme (MCGS) aimed at providing a financial cushion for ...

The launch of a new credit guarantee scheme for the MSME sector covering loans up to Rs 100 crore will help attract more ...

The government has approved the Mutual Credit Guarantee Scheme for MSMEs, guaranteeing loans up to ₹100 crore. This scheme ...

Finance Minister Nirmala Sitharaman will deliver her eighth consecutive Union Budget on February 1. This will be the inaugural comprehensive Budget of the NDA 3.0 for FY26. The 2025 Budget should ...

Coordinating Minister for Economic Affairs, Airlangga Hartarto, has emphasized the government's commitment to supporting the ...

The Mutual Credit Guarantee Scheme for MSMEs is expected to facilitate the availability of credit for purchase of plant, ...

The new credit guarantee scheme for the MSME sector covering loans up to Rs 100 crore will accelerate capacity expansion, enhance productivity, and improve the competitiveness of domestic industry, ...

While the loan coverage is capped at INR 100 crore, the total project cost can exceed this amount, provided at least 75 per ...

The government has approved the Mutual Credit Guarantee Scheme for MSMEs (MCGS-MSME) that would facilitate loans up to Rs 100 ...

The apparel and textile sector is a key pillar of India’s economy, contributing significantly to employment and exports.

The Chennai-headquartered bank’s priorities include increasing digital adoption on the liability side and raising the MSME share in its loan portfolio from 17 per cent to 20 per cent ...

The government has approved introduction of Mutual Credit Guarantee Scheme for MSMEs (MCGS- MSME) for providing 60% guarantee coverage by National Credit Guarantee Trustee Company Limited (NCGTC) to ...