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Total 89 results found. Search for [ emergency credit line guarantee scheme ]

Results 1 to 21 of 89
PTI
June 13, 2021
In April this year, the Pune-based lender had received board approval to raise Rs 5,000 crore by way of QIP/rights issue/ preferential issue or by issuing Basel III bonds


BusinessToday.In
New Delhi, May 31, 2021
Digital payments and financial services firm Paytm has been making headlines for its intended initial public offering (IPO), touted to be one of India's biggest, surpassing Coal India's IPO; The Centre has taken the decision to fine-tune its emergency credit guarantee scheme to give long-term relief to a broader section of small business borrowers; Large digital companies like Google and Facebook have begun updating their websites to reflect the appointment of the grievance officers under the new social media rules that came into effect recently. Watch this and more on News Blast.Also Read: 'Is the GST Council heartless?': Here's what FM Sitharaman has to say


Rashi Bisaria
New Delhi, May 31, 2021
COVID-19: Serum Institute to supply 10 crore doses of Covishield in JuneSerum Institute of India (SII) has informed the government that it will be able to manufacture and supply nine to 10 crore doses of Covishield in June, official sources said on Sunday amid complaint by states about the shortage of anti-coronavirus vaccine jabs. In a recent letter to Union Home Minister Amit Shah, SII said its employees have been working round the clock in spite of various challenges because of the pandem...


BusinessToday.In
May 30, 2021
The govt widened the net of the Rs 3 lakh crore Emergency Credit Line Guarantee Scheme (ECLGS), which will now provide concessional loans to hospitals for establishing on-site oxygen generation plants


PTI
May 2, 2021
In the representation, the Federation of Hotel and Restaurant Associations of India (FHRAI) has asked the government to standardise and align the tenure and moratorium facilities floated under ECLGS 1.0, 2.0 and 3.0


Anand Adhikari
New Delhi, April 29, 2021
Unsecured personal loans, credit cards, business banking, and MSME loans are emerging as new breeding ground for banks NPAs. How serious is the problem?


PTI
April 26, 2021
In the fortnight ended April 10, 2020, bank advances stood at Rs 103.38 lakh crore and deposits were Rs 137.15 lakh crore. In 2020-21 fiscal, bank credit increased 5.56 per cent and deposits 11.4 per cent


Anand Adhikari
New Delhi, April 14, 2021
The RBI adopted multiple regulatory forbearance measures and ultra-loose monetary policy to counter economic headwinds. Now it has to work out an exit roadmap


BusinessToday.In
March 31, 2021
ECLGS 3.0, which will cover the newly added service sectors, will involve extension of credit of up to 40 per cent of total credit outstanding across all lending institutions as on February 29, 2020.


PTI
March 19, 2021
Our MSME lending is back to pre-pandemic levels, with loan book growing at 30 per cent year-on to Rs 2,01,758 crore as of the December 2020 quarter, said Sumant Rampal, senior executive vice-president, business banking and healthcare finance


PTI
March 10, 2021
Banks have sanctioned loans worth Rs 2.46 lakh crore under ECLGS, Union Minister of State for Finance Anurag Thakur told the Rajya Sabha


BusinessToday.In
March 7, 2021
Expansion of services activity in 2021 is particularly noteworthy as people overcoming fear of pandemic have shown a preference for enhanced mobility despite Covid-related risks, monthly report by ministry says


BusinessToday.In
February 28, 2021
The loan was extended to GoAir under the Emergency Credit Line Guarantee Scheme (ECLGS) 2.0, which is a part of Atmanirbhar Bharat Package 3.0 announced on November 12, 2020


BusinessToday.In
February 13, 2021
Amid ongoing agitation by farmers demanding the repeal of three contentious farm laws, the finance minister informed that not a single APMC has been shut in any state


PTI
February 8, 2021
The government has announced several measures under Aatmanirbhar Bharat package to increase availability of credit to the MSME sector, added MSME Minister Nitin Gadkari


PTI
February 3, 2021
India Ratings and Research said only 5 per cent of its rated 450 issuers in the mid and emerging corporates (MEC) space had availed the RBI's financial restructuring facility available till December 31, 2020


BusinessToday.In
February 1, 2021
Union Budget 2021 MSME sector expectations: As part of the Centre's ECLGS programme which is valid until March 21, 2021, the Centre has already sanctioned 71.3 per cent of the Rs 3 lakh crore emergency credit to the badly affected MSMEs and businesses as of January 8, 2021


BusinessToday.In
February 1, 2021
The finance minister is being assisted by a team of advisers and secretaries in making Union Budget 2021 tasked with the mission to pull the economy from the deep abyss


BusinessToday.In
February 1, 2021
Budget 2021: Between March and November last year, the central government announced three relief packages, cumulatively worth Rs 24.35 lakh crore


PTI
January 4, 2021
As compared to the year-ago period, the credit growth remained low, reflecting subdued demand and risk aversion in the banking system -- especially towards the corporate segment


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