Government Sanctions INR 1,77, 353 Crore Under the Emergency Credit Line Guarantee Scheme
The Ministry of Finance informed that INR 1,25,425 crore has been disbursed to the MSMEs by the banks as of 21st September, 2020 The Ministry of Finance has notified about loan disbursement under the Emergency Credit Line Guarantee Scheme. It has been informed that the amount sanctioned to public sector banks and private sector banks stand at INR 1,77,353 crore. Out of which, INR 1,25,425 crore has been disbursed by the banks. Nirmala Sitharaman, the Finance Minister of India