Union Budget 2023: While credit growth till October this fiscal has been 8.4%, retail and corporate lending is expected to be robust in the...

Recognising that an efficient and strong civil aviation sector is vital for the economic development of the country, the Department of Fina...

ECLGS was announced in May 2020 following the outbreak of Covid-19 to ensure various sectors, especially in the MSME segment, easy access t...

The Union Cabinet on Wednesday approved the enhancement in the limit of the Emergency Credit Line Guarantee Scheme (ECLGS) by Rs 50,000 cro...

According to a State Bank of India report, the ECLGS scheme has prevented 1.35 million MSME accounts from going under and stopped 14% of ou...

It is to be noted that Budget 2022-23 had proposed to open an additional Rs 50,000 crore window under the Emergency Credit Line Guarantee S...

The Trade Promotion Council of India (TPCI) said that the focus of Union Budget 2022-23 on reforming the rural economy, digitalisation and ...

The sector is happy that the government is giving some priority to MSMEs, but also rue the fact that there are no specific measures for sma...

Finance Minister Nirmala Sitharaman in her Budget speech said that to incentivise exports, exemptions are being provided on items such as e...

Most industry insiders thought much more could have been done to support the stressed sector, its allied segments and their workers.

The Emergency Credit Line Guarantee Scheme (ECLGS) was announced to help MSMEs cope up with pandemic losses and was extended up to March 31...

The budget allocated Rs 48,000 crore to build 80 lakh houses under the PM Awas Yojana (PMAY). This augurs well for affordable housing finan...

Finance Minister Nirmala Sitharaman on Tuesday announced the extension of the emergency credit line guarantee scheme (ECLGS) by another yea...

The government launched the Emergency Credit Line Guarantee Scheme (ECGLS) as part of its Rs 20 lakh crore comprehensive package announced ...

The finance ministry may push ministries for a quick rollout and frontloading of the ₹5.54 lakh crore capital spending announced in the bud...

Industry players said the "timely" decision to include the aviation sector under the Emergency Credit Line Guarantee Scheme (ECLGS), which ...

The highest year-on-year growth of 9% was seen in the category of small businesses with a loan exposure of between Rs 10 lakh to Rs 50 lakh.