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

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

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

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

The Government of India has taken a significant step toward strengthening the Micro, Small, and Medium Enterprises (MSME) sector by approving the Mutual Credit Guarantee Scheme (MCGS-MSME).

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

Mumbai: The Centre Monday launched the ‘Mutual Credit Guarantee Scheme for MSMEs’, which was announced in the Union Budget ...

Centre has approved the Mutual Credit Guarantee Scheme, announced in the Budget 2024-25, to enhance credit access for MSME manufacturing. Under this scheme, loans of up to Rs 100 crore for plant ...

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

(MENAFN- IANS) Mumbai, Feb 17 (IANS) The Centre on Monday launched the 'Mutual Credit Guarantee Scheme for MSMEs', which was announced in the Union Budget 2024-25 to boost the micro, small ...

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