Banks sanction Rs 2.46 lakh cr loans to 92 lakh borrowers under ECLGS
Banks have sanctioned loans worth Rs 2.46 lakh crore under ECLGS, Union Minister of State for Finance Anurag Thakur told the Rajya Sabha
PTI | March 10, 2021 | Updated 10:02 IST
As on February 28, 2021, guarantees have been issued under ECLGS to 92.27 lakh borrowers
Banks have sanctioned loans worth Rs 2.46 lakh crore to about 92 lakh accounts under the Rs 3-lakh crore Emergency Credit Line Guarantee Scheme for the MSME sector, Minister of State for Finance Anurag Thakur on Tuesday said.
As informed by National Credit Guarantee Trustee Company (NCGTC), the implementing agency of Emergency Credit Line Guarantee Scheme, as on February 28, 2021, the amount of loan sanctioned under ECLGS is Rs 2.46 lakh crore, he said in a written reply to the Rajya Sabha.