Minimum balance charges swell pvt banks' coffers by nearly Rs 5,000 cr in FY26Private banks collected over Rs 4,900 crore from account holders for minimum balance failures. Public sector banks also gathered Rs 2,100 c...
28 Jul, 2026, 08.39 PM IST
Macroeconomic fundamentals of Indian economy remain strong amid global challengesIndia's economy shows strong macroeconomic fundamentals and a resilient financial system. Robust domestic demand and healthy corporate bala...
28 Jul, 2026, 05.20 PM IST
No proposal for one-time waiver of loans of small, marginal farmers: MoS FinanceThe government has no current proposal for a one-time loan waiver for farmers. The Reserve Bank of India offers financial restructuring opt...
27 Jul, 2026, 07.38 PM IST
Global headwinds, resilient MSMEs: India’s ECLGS 5.0 responseThe real significance of ECLGS 5.0 lies not merely in the credit it provides but in what the credit protects.
10 Jul, 2026, 11.09 AM IST
ECLGS 5.0 crosses 4.11 lakh guarantees, extends Rs 1.55 lakh crore support to firms hit by West Asia crisisThe Emergency Credit Line Guarantee Scheme 5.0 has issued over 4.11 lakh guarantees. These guarantees amount to more than Rs 1.55 lakh cror...
07 Jul, 2026, 02.53 PM IST
Akasa Air plans to operate flights under UDAN scheme, says CEO Vinay DubeAkasa Air is set to join the UDAN regional connectivity scheme, with CEO Vinay Dube confirming a steady influx of Boeing 737 MAX aircraft. ...
05 Jul, 2026, 07.23 PM IST
Credit guarantee of Rs 13 lakh cr to micro, small cos in last few yrs; delayed payments under lensThe government has provided substantial credit guarantees, totaling Rs 13 lakh crore, to micro and small enterprises, significantly boostin...
30 Jun, 2026, 06.39 PM IST
Early signs of stress emerge in MSME loans as West Asia disruptions worry banks: ReportLenders are concerned about the ripple effects of the West Asia conflict, which has disrupted supply chains and increased input costs for b...
22 Jun, 2026, 11.24 AM IST
Over 1 lakh guarantees totalling Rs 48,484 cr issued under ECLG scheme since May 5: FinMinThe Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 has seen over 1 lakh guarantees issued, totaling Rs 48,484 crore in just one month. ...
10 Jun, 2026, 08.53 PM IST
ECLGS: Finance Ministry increases loan limit to Rs 1,500 cr for aviation sectorRecognising that an efficient and strong civil aviation sector is vital for the economic development of the country, the Department of Fina...
05 Oct, 2022, 06.52 PM IST
FM announces extension of ECLGS by another yearFinance Minister Nirmala Sitharaman on Tuesday announced the extension of the emergency credit line guarantee scheme (ECLGS) by another yea...
01 Feb, 2022, 03.09 PM IST
One crore MSME borrowers given Rs 1.65 lakh cr support under ECLGSUnder the scheme, MLIs are provided 100 per cent guarantee against any losses suffered due to non-repayment of ECLGS funding by borrowers.
29 Jul, 2021, 04.18 PM IST
ECLGS to help alleviate 'stressed cash flows' of airlines, other civil aviation entities: Hardeep Singh PuriReferring to the ECLGS (Emergency Credit Line Guarantee Scheme) 3.0 wherein aviation sector was included on Sunday, the minister said that ...
30 May, 2021, 10.30 PM IST
Govt extends ECLGS to aviation sector; industry player says decision to ease liquidity pressureIndustry players said the "timely" decision to include the aviation sector under the Emergency Credit Line Guarantee Scheme (ECLGS), which ...
30 May, 2021, 06.24 PM IST
ECLGS 4.0 to cover on site oxygen generation plants“The modifications in ECLGS, would enhance the utility and impact of ECLGS by providing additional support to MSMEs, safeguarding livelihoo...
30 May, 2021, 12.36 PM IST
FHRAI requests govt for special credit guarantee window under ECLGS for hospitality sectorThe industry body has asked the government to standardise and align the tenure and the moratorium facilities floated under ECLGS 1.0, 2.0 a...
02 May, 2021, 03.06 PM IST
ECLGS 2.0 scheme: Govt extends credit guarantee scheme to 27 sectorsThe scheme was announced by the government earlier this month as part of the Rs 2.65 lakh crore Atmanirbhar Bharat 3.0 package. "Under ECLG...
26 Nov, 2020, 10.04 PM IST