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...
01 Jun, 2026, 04.16 PM IST
Bank RoA to slip 10-15 bps to 1.15-1.2% this fiscal for 2 reasons: CrisilIndian banks’ RoA is expected to ease to 1.15–1.2% this fiscal from 1.3% last year, driven by lower treasury income and higher pre-emptive ...
29 May, 2026, 03.17 PM IST
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...
22 May, 2026, 06.17 AM IST
ECLGS 5.0 set to boost mid-sized banks with strong MSME focusThe new Emergency Credit Line Guarantee Scheme 5.0 is set to boost mid-sized banks. These banks have a larger share of loans to micro, smal...
13 May, 2026, 06.09 AM IST
As India grows richer, banks will have to adjust to thinner margins: Indian Bank CEOIndian Bank's chief Binod Kumar expects interest rates to rise and net interest margins to fall as India develops. He plans to raise capita...
11 May, 2026, 01.04 AM IST
ECLGS 5.0 to help SBI open ₹70,000–₹80,000 crore credit line: Chairman CS SettyIn a pivotal stride towards economic recovery, the government has unveiled ECLGS 5.0, aimed at fortifying MSMEs and the airline industry am...
07 May, 2026, 05.45 PM IST
ECLGS 5.0 to benefit 1.1 crore MSME accounts with additional credit support: SBI ReportThe government has approved ECLGS 5.0 to support MSMEs and airlines. This scheme aims to provide crucial working capital. Around 1.1 crore ...
07 May, 2026, 12.02 PM IST
Cabinet clears Emergency Credit Line Guarantee Scheme 5.0 to cushion MSMEs, airlines amid Gulf warThe government has approved a new credit scheme, ECLGS 5.0, to support airlines and small businesses facing economic challenges. This initi...
06 May, 2026, 07.00 PM IST
India approves $1.9 billion credit guarantee to support businesses hit by Middle East crisisIndia's cabinet approved a 181-billion-rupee emergency credit guarantee program to support businesses, especially small firms, facing liqui...
06 May, 2026, 11.29 AM IST
Govt clears ₹18,100 crore ECLGS 5.0 to unlock ₹2.55 lakh crore credit for MSMEs, airlinesThe Union Cabinet has approved Emergency Credit Line Guarantee Scheme 5.0. This scheme will support businesses facing liquidity issues. It ...
05 May, 2026, 07.29 PM IST
Centre eyes Rs 5,000 crore relief, China’s Hotan route to ease airline stress amid Iran war: ReportThe Indian government is considering multiple relief measures for airlines facing high operating costs and reduced traffic due to the ongoi...
27 Apr, 2026, 11.12 PM IST
ECLGS helped 65% MSMEs through financial troubles, 57% found it difficult to access: ReportWhile the COVID-19 crisis impacted MSMEs across the board, the very small and micro enterprises were the ones to be affected the most, as t...
09 Dec, 2021, 02.40 PM IST
Leather exporters urge govt to extend PLI benefits to themThe objective of the scheme is to make domestic manufacturing globally competitive and to create global champions in manufacturing.
21 Sep, 2021, 09.26 AM IST
Eight months after its roll out, Government's Rs 3-lakh crore ECLG scheme helped some, bypassed otherFor Covid-stricken small businesses, the ECLG scheme was to be a savior. After eight months, the results may be mixed.
20 Jan, 2021, 10.46 AM IST
Extended ECLGS can infuse over Rs 40,000 crore liquidity: ReportThe possible over Rs 40,000-crore liquidity through the ELCGS 2.0 will be sufficient to help companies, including those hit by a sharp decl...
30 Nov, 2020, 06.22 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
ECLGS 2.0: Borrowers to repay principal amount in 48 installments post 1-year moratoriumThe government termed the credit product under which the guarantee would be given as Guaranteed Emergency Credit Line (GECL), in the guidel...
26 Nov, 2020, 08.25 PM IST