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ECLGS: Guarantees issued to MSMEs till February-end in FY22 declined sharply from FY21, shows govt data

ECLGS: Guarantees issued to MSMEs till February-end in FY22 declined sharply from FY21, shows govt data : Rashtra News #ECLGS #Guarantees #issued #MSMEs #Februaryend #FY22 #declined #sharply #FY21 #shows #govt #data Credit and Finance for MSMEs: ECLGS was devised for MSMEs, individual borrowers, and other business enterprises whose total fund-based credit outstanding across all lending ....

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Spinning industry seeks support to tide over slow exports, Retail News, ET Retail

Spinning Industry: Citing a 50-70% drop in capacity utilization 50% to 70%, the Confederation of Indian Textile Industry (CITI) sought extension of the one-year moratorium for repayment of the principal amount, and conversion of three-year loans under Emergency Credit Line Guarantee Scheme (ECLGS) into six-year term loans. ....

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5% ECLGS loans turn into non-performing assets: Financial stability report

Public sector banks credit card NPA at 18% ....

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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. ....

Ajay Singh , Ramalingam Sudhakar , National Company Law Tribunal , Aircastle Ltd , Emergency Credit Line Guarantee Scheme , Spicejet Chairman , Managing Director ,

SpiceJet To Borrow From Emergency Fund To Revive Grounded Planes

SpiceJet said it would draw funds from the government's Emergency Credit Line Guarantee Scheme (ECLGS). ....

Ajay Singh , Jyotiraditya Scindia , Pratt Whitney , Jet Airways , Air India , Emergency Credit Line Guarantee Scheme , Aviation Minister Jyotiraditya Scindia ,