Public banks disburse Ôé╣16k-cr in emergency loans to MSMEs
Public banks disburse 16k-cr for MSMEs in emergency loans

State-run banks have disbursed Ôé╣16,031.39 crore loan till June 12 under the Ôé╣3 lakh crore collateral-free Emergency Credit Guarantee Scheme launched in May to boost MSMEs hit by Coronavirus crisis. On June 16, Finance Ministry tweeted, ÔÇ£As of 12 June 2020, PSBs has sanctioned loans worth Ôé╣32,049.86 crore under the 100% ECLGS, out of which Ôé╣16,031.39 crore has already been disbursedÔÇØ.

Wed, 17 Jun 2020 - 09:00 PM / by Isha Chatterjee

You May Like

Tesla's Tequila

Tesla's Liquor brand 'Teslaquila' Goes Out of Stock Within Hours of Release

Tesla CEO Elon Musk's April Fool's joke came to life as 'Teslaquila' or 'Tesla tequila' hit the markets. The $250 bottle, shaped like a lightning bolt, was sold out just hours after its release, despite having a limit of two bottles per customer… read-more

TAGS: Tesla, Elon Musk, Tequila, Twitter

PM Modi

PM Modi Pitches India As "Huge Market" Before Investors

PM Narendra Modi on November 17 pitched India as "huge market" and asked investors to invest in Indian businesses that could help in rebuilding the pandemic-ridden economy. Terming India "business-friendly", PM Modi said that opportunities were… read-more

TAGS: Narendra Modi, Digital India, Metro Rail, Covid-19

Burger King's recent tweet.

Burger King's Tweet Urging Customers to Spend on KFC, McDonald’s Goes Viral

A U.K. based branch of Burger King recently posted a tweet urging it's customers to buy food from it's rival food chains, KFC and McDonald’s. The tweet came out in support of the numerous food chains and their employees facing trouble during the… read-more

TAGS: Burger King, Twitter, mcdonalds

Silver Jewellary

Silver Remains People's Pick This Dhanteras Owing to Pandemic

Jewellers in the NCT-Delhi claimed that people are showing keen interest in buying Silver ahead of the Dhanteras festival. They opined that the unemployment due to the pandemic made people shift to the less costly metal this time. A jeweller… read-more

TAGS: Diwali, business, Silver, gold (1052, Coronavirus, Economy

Representational Image of WhatsApp Shopping

WhatsApp Adds New Feature To Make Shopping Easier

To make business easier, WhatsApp has added a new feature. It has recently announced that business accounts will be charged for shopping services, through the app. The button which will replace the voice-call icon, resemble a storefront icon. It … read-more

TAGS: Technology, WhatsApp, New feature, shopping

Karvy

National Stock Exchange Terminates Membership Of Karvy Stock Broking

The National Stock Exchange (NSE) on November 23 terminated the membership of Karvy Stock Broking after declaring them as defaulter. The NSE took this decision after Karvy was found flouting the regulator's guidelines. Earlier, in 2019,… read-more

TAGS: business, NATIONAL STOCK EXCHANGE, India