ECLGS

SpiceJet Denies Insolvency Rumours Despite Receiving Notice From NCLT

SpiceJet has received notice from National Company Law Tribunal, however, the airline is claiming that rumours of insolvency are false, and it is focussing on recovery of its fleet.

May 11, 2023, 20:51 PM IST

Finmin to Meet Heads of Banks on February 22; To Review Progress ECLGS for MSMEs

The meeting, to be chaired by Financial Services Secretary Vivek Joshi, would also see participation from top private sector lenders HDFC Bank, ICICI Bank, Axis Bank and Kotak Mahindra Bank.

Feb 20, 2023, 13:38 PM IST

ECLGS scheme enhanced, validity extended till March 2023

Further, the coverage, scope and extent of benefits under ECLGS 3.0 pertaining to hospitality, travel, tourism and civil aviation sectors has been expanded, said the Union Finance Ministry.

Mar 31, 2022, 18:06 PM IST

Banks sanction loans worth Rs 3.1 lakh crore to MSMEs under ECLGS: FM Sitharaman

Finance Minister Nirmala Sitharaman said banks have sanctioned loans worth Rs 3.1 lakh crore under the Emergency Credit Line Guarantee Scheme.  

Feb 10, 2022, 21:38 PM IST

Aatmanirbhar 3.0: Govt extends emergency credit line for sectors stressed by Covid

Accordingly, the ECLGS has been extended till March 31, 2021 from its earlier sunset time of November 30.

Nov 12, 2020, 18:01 PM IST

Good news for MSMEs: Emergency Credit Line Guarantee Scheme extended by one month

The ECLGS was announced as part of the AatmaNirbhar Bharat Package (ANBP) to provide fully guaranteed and collateral free additional credit to MSMEs.

Nov 03, 2020, 13:17 PM IST

Banks disburse loans of Rs 1.58 lakh crore under Emergency Credit Line Guarantee Scheme

Nirmala Sitharaman has reviewed the progress made by various lenders under ECLGS, PCGS 2.0 and Sub-ordinate Debt Schemes.

Sep 03, 2020, 18:07 PM IST

Banks disburse loans of over Rs 1 Lakh crore under Emergency Credit Line Guarantee Scheme

The ECLGS was announced by the Government as a part of Aatma Nirbhar Bharat Package

Aug 20, 2020, 18:18 PM IST

Rs 79,000 crore sanctioned by banks under Emergency Credit Line Guarantee Scheme

The top lenders under the Scheme are SBI, HDFC Bank, Bank of Baroda, PNB and Canara Bank.

Jun 23, 2020, 17:08 PM IST