The government has approved the Mutual Credit Guarantee Scheme for MSMEs, guaranteeing loans up to ₹100 crore. This scheme ...

The scheme also provides a repayment period of up to eight years, with a two-year moratorium for loans up to Rs 50 crore. To ...

While the loan coverage is capped at INR 100 crore, the total project cost can exceed this amount, provided at least 75 per ...

This initiative aims to strengthen the manufacturing sector by providing 60 per cent guarantee coverage for loans up to Rs ...

The Scheme will be applicable to all loans sanctioned under MCGS-MSME during the period of 4 years from the date of issue of ...

The Centre has approved the introduction of the Mutual Credit Guarantee Scheme for MSMEs (MCGS—MSME), which provides 60 per ...

To enhance manufacturing, the government introduces a Mutual Credit Guarantee Scheme for MSMEs, providing 60% guarantee ...

The government approved a Mutual Credit Guarantee Scheme to enhance credit availability for micro, small, and medium ...

Under the scheme, the National Credit Guarantee Trustee Company Limited (NCGTC) will offer a 60% guarantee coverage to Member Lending Institutions (MLIs) for credit facilities extended to MSMEs.

The recent launch of a credit guarantee scheme for the MSME sector, which covers loans up to Rs. 100 crore (US$ 11.6 million), is expected to attract more investments, promote manufacturing, and ...

The government of India has approved a new Mutual Credit Guarantee Scheme (MCGS) aimed at providing a financial cushion for ...

India launches a new credit guarantee scheme for MSMEs, offering loans up to Rs 100 crore for equipment purchase. The scheme ...