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ECLGS SCHEME
Govt in touch with SpiceJet over operational, financial challenges; Airline seeks funds under ECLGS scheme- SpiceJet seeks extension of time to deposit ₹50 crore in KAL Airways dispute; Delhi HC declines to interfere at this stage
- SBI Chairman Setty rules out asset quality stress in Q1, says seasonality distorts sequential NPAs
- 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
- FIEO seeks Emergency Credit Line Guarantee Scheme's extension till March 2024The ECLG Scheme was introduced in the middle of the pandemic in May 2020 with the aim to support MSMEs meet their liabilities. The scheme r...30 Sep, 2023, 10.27 AM IST
- Weak SMEs may add stress to ECLGS bookAccording 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...04 Mar, 2022, 06.22 AM IST
- Public sector bank disbursed most loans to MSMEs: ReportOf the total loan applications received under the ECLGS scheme, the share of public sector banks is about 47%. While that of private sector...09 Dec, 2021, 07.32 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
- SpiceJet borrowed Rs 127.51 crore, Go First Rs 25.65 crore under ECLGS scheme: Govt"According to the information received from the National Credit Guarantee Trustee Company, as on July 16, borrowers belonging to aviation s...28 Jul, 2021, 05.38 PM IST
- FM announces stimulus package for economic revival, raises ECLGS scheme limit to Rs 4.5 lakh croreFinance Minister Nirmala Sitharaman announced Rs 1.1 lakh crore loan guarantee scheme for COVID-affected sectors, including health sector, ...28 Jun, 2021, 04.49 PM IST
- Extended ECLGS to cover aviation, othersThe expanded Emergency Credit Line Guarantee Scheme (ECLGS) will now cover hospitals, clinics and medical colleges for setting up on-site o...31 May, 2021, 08.51 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
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