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EMERGENCY CREDIT LINE GUARANTEE SCHEME 5.0
'Five guarantee schemes will not be stopped': Siddaramaiah slams BJP for "false propoganda"Former Karnataka Chief Minister Siddaramaiah assures that the Congress party's five guarantee schemes will continue indefinitely. He labels...- Guarantee schemes won’t stop, says Shivakumar; Will continue beyond 2028 polls, adds SiddaramaiahKarnataka's Congress government assures its guarantee schemes will continue. Chief Minister DK Shivakumar stated the ongoing verification d...
- West Bengal likely to unveil new industry policy with seamless land acquisition plans in June 22 budgetWest Bengal's first BJP government will unveil a new industrial policy in its maiden budget on June 22, featuring seamless land acquisition...
- Default clouds hover over microfinance as industry flags weak monsoonIn the evolving world of India's microfinance sector, fresh credit risks are emerging on the horizon. The dual challenges of an unsteady mo...
- Risks cloud hover over microfinanceThe Reserve Bank of India, too, raised concerns over higher inflation due to low average rainfall and supply chain disruptions due to geopo...
- Higher crude prices fuel bank lending boom; credit growth hits 17.7%, fastest since June 2024Bank lending saw its fastest growth in almost two years by May 31, 2026. Credit expanded significantly, reaching Rs 215.2 lakh crore. This ...
- Credit guarantee scheme for MFI 2.0 gets extensionThe Credit Guarantee Scheme for Microfinance Institutions-2.0 has been extended. This extension will last until August or until guarantees ...
- 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. ...
- Govt extends validity of Credit Guarantee Scheme for Microfinance Institutions upto August 31The Finance Ministry has extended the Credit Guarantee Scheme for Microfinance Institutions-2.0 until August 31, 2026, or until Rs 20,000 c...
- India attracted $843 billion in FDI between 2014-15 and 2025-26: OfficialIndia has seen a significant rise in Foreign Direct Investment, attracting USD 843 billion between 2014-15 and 2025-26. Key government init...
- SpiceJet funding crunch delays pilot pay, messages show, as it seeks state-backed loanSpiceJet is delaying pilot salaries since March, seeking an emergency government loan to stabilize operations amid rising fuel costs and re...
- Credit cover for collateral-free education loans may be raised at inter-ministerial consultationsThe government is exploring increasing the credit guarantee cover for education loans. This move aims to allow banks to offer loans exceedi...
- Credit guarantee scheme for MFIs still stuck in low gearBanks have received an aggregate loan demand of Rs 10,000-12,500 crore under the scheme, according to people familiar with the matter. Whil...
- 80% of Indian small businesses grew in 2025, surpassing Asia-Pacific average of 63%: CPA Australia SurveyRising costs remained the main challenge for such businesses in 2025, says the survey.
- India’s shipping services to East Hormuz and Red Sea doubled from FebruaryShipping routes East of Hormuz and in the Red Sea have seen a significant increase in services. The Indian government is also processing a ...
- Banks sanction Rs 35,000 cr loans under ECLGS to MSMEs to deal with West Asia crisisBanks have disbursed Rs 35,000 crore in loans under the Emergency Credit Line Guarantee Scheme. This initiative supports MSMEs and industri...
- Iran war: Public sector banks asked to stay preparedPublic sector banks received guidance from the Centre to prepare for global uncertainties. The finance ministry reviewed bank performance a...
- PSBs told to draw up plan to boost rural and informal sector lendingGovernment directs state-run banks to identify successful initiatives for wider adoption. The focus will be on lending to unorganised secto...
- Govt's credit guarantee to reduce MSME bad loan risks for banksThe government's Emergency Credit Line Guarantee Scheme 5.0 is set to bolster micro, small, and medium enterprises. Experts believe this in...
- Private, govt banks pledge full support to ECLGS 5.0Banks are fully supporting the new Emergency Credit Line Guarantee Scheme 5.0. This scheme aims to help businesses facing challenges due to...
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