Loans worth more than ₹ 1 lakh crore sanctioned under ECLGS

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..... Loans worth more than ₹ 1 lakh crore sanctioned under ECLGS - News and Press Release Dated:- 30-6-2020 - News - Loans worth more than ₹ 1 lakh crore sanctioned under ECLGS More than 30 lakh units of MSMEs other businesses received help under the Scheme Under the 100 % Emergency Credit Line Guarantee Scheme (ECLGS) backed by a Government guarantee , Banks from Public P .....

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..... rivate Sectors have sanctioned loans worth over ₹ 1 lakh crore as of June 26, 2020, of which more than ₹ 45,000 crore has already been disbursed. This would help more than 30 lakh units of MSMEs other businesses restart their businesses post the lockdown.. PSBs have sanctioned loans of ₹ 57,525.47 crore whereas Private Sector Banks have sanctioned loans of ₹ .....

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..... 44,335.52 crore under ECLGS. The top lenders under the Scheme are SBI , Bank of Baroda, PNB, Canara Bank HDFC. Details of Loans sanctioned disbursement by 12 PSBs are as follows: As part of the Aatmanirbhar package Government had announced its plans for ₹ 3 lakh Crore as additional credit to MSMEs and small businesses. Such enterprises were to be eligible to receive upto .....

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..... 20% of their existing borrowing as additional loans at interest rates which were capped. State wise details of loans sanctioned and disbursed under ECLGS by PSBs are as follows: - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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