New Delhi, June 20 -- The Public Sector Banks (PSBs) have disbursed Rs 21,028.55 crore till June 18 under the Rs 3-lakh crore Emergency Credit Line Guarantee Scheme (ECLGS) for the MSME sector reeling under stress due to the coronavirus-induced lockdown.
Public sector lenders have sanctioned loans worth Rs 40,416 crore under the 100 per cent ECLGS for the Micro, Small and Medium Enterprises (MSMEs), starting June 1.
The scheme is the biggest fiscal component of the Rs 20-lakh crore Atmanirbhar Bharat Abhiyan package announced by Finance Minister Nirmala Sitharaman last month.
As of 18 June 2020, #PSBs have sanctioned loans worth Rs 40,416 crore under the 100% Emergency Credit Line Guarantee Scheme, out of which Rs 21,028.55 crore has ...