Public & Pvt Sectors banks sanction loans worth over Rs. 79,000 cr so far under ECLGS

Public and Private Sectors banks have sanctioned loans worth over 79 thousand crore rupees so far under Emergency Credit Line Guarantee Scheme. Out of which more than 35,000 crore have already been disbursed. The Scheme was launched by the Government to provide relief to the MSME sector by incentivizing member lending institutions to provide additional credit of upto Rs. three lakh crore at low interest to enable MSME to meet their operational requirements during Covid-19 crisis. Finance Ministr...