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

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