The scheme aims to enable up to Rs 100 crore collateral-free loans for MSMEs to purchase machinery or equipment.

As per the approved framework, the National Credit Guarantee Trustee Company Limited (NCGTC) will provide 60 percent ...

Finance Minister Nirmala Sitharaman introduced the Mutual Credit Guarantee Scheme to aid MSMEs with collateral-free loans up ...

The Central Government on Monday launched the 'Mutual Credit Guarantee Scheme for MSMEs' (MCGSMSME scheme), which was ...

Union Finance and Corporate Affairs Minister Nirmala Sitharaman has launched the Mutual Credit Guarantee Scheme for MSMEs (MCGS - MSME) for facilitating loans upto Rs 100 crore to MSMEs for purchase ...

The government on Wednesday launched a new credit guarantee scheme for the MSME sector covering loans up to Rs 100 crore in line with the FY25 Budget announcement. The introduction of Mutual ...

The Centre on Monday launched the 'Mutual Credit Guarantee Scheme for MSMEs', which was announced in the Union Budget 2024-25 ...

The Finance Minister also distributed sanction letters to MSMEs qualifying for the scheme. This initiative aims to improve ...

The MSGS offers 60% guarantee coverage by the National Credit Guarantee Trustee Company Ltd (NCGTC). This means member ...

Under this scheme, the National Credit Guarantee Trustee Company Ltd (NCGTC) will provide 60% guarantee coverage to member ...

The Union government on Monday launched the 'mutual credit guarantee scheme for micro, small, and medium enterprises ...