As of the end of November 2024, credit to MSMEs registered a year-on-year growth of 13 per cent, whereas it stood at 6.1 per ...
Under the scheme, the National Credit Guarantee Trustee Company Limited (NCGTC) will offer a 60% guarantee coverage to Member Lending Institutions (MLIs) for credit facilities extended to MSMEs.
The recent launch of a credit guarantee scheme for the MSME sector, which covers loans up to Rs. 100 crore (US$ 11.6 million), is expected to attract more investments, promote manufacturing, and ...
In a move to strengthen the micro, small, and medium enterprises (MSMEs) Sector, The Government has come forward with the mutual credit guarantee scheme for MSMEs (MCGS-MSME).Key Highlights of ...