As of the end of November 2024, credit to MSMEs registered a year-on-year growth of 13 per cent, whereas it stood at 6.1 per ...

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 ...

In a move to strengthen the micro, small, and medium enterprises (MSMEs) Sector, The Government has come forward with the mutual credit guarantee scheme for MSMEs (MCGS-MSME).Key Highlights of ...

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