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Centre expands MSME credit scheme, adds service sector firms

NEW DELHI, March 21 -- The Centre on Saturday announced key revisions to the Mutual Credit Guarantee Scheme for MSMEs (MCGS-MSME), expanding its scope beyond manufacturing and making it easier for fir... Read More


Govt. launches Rs.20,000 crore credit guarantee scheme to boost microfinance lending amid liquidity crunch

New Delhi, March 20 -- The Centre on Friday launched a Rs.20,000 crore credit guarantee scheme to revive bank lending to microfinance institutions (MFIs), as the sector grapples with persistent liquid... Read More