MSME credit guarantee scheme: Banks disbursement crosses Rs 1 lakh crore-mark

The scheme is the biggest fiscal component of the Rs 20-lakh crore Aatmanirbhar Bharat Abhiyan package announced by Finance Minister Nirmala Sitharaman in May to mitigate the distress caused by lockdown due to COVID-19 by providing credit to different sectors, especially MSMEs.

from Banking & Finance – The Financial Express https://ift.tt/3giNc2O