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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. ....
The Finance Ministry has scheduled a meeting with private and public sector banks for February 22 to discuss extending the emergency credit line and loan guarantee programmes past March 31, 2023, according to sources.
The meeting is scheduled to be held under the chairmanship of Financial Services secretary Vivek Joshi. The meeting will review progress under the ECLGS scheme ....
The emergency credit line guarantee scheme (ECLGS), launched during the Covid-19 pandemic to help small businesses tide over losses due to lockdowns, has helped save at least 14.6 lakh MSMEs which benefited from Rs 2.2 lakh crore in additional credit, a report said on Monday. ....