Government unveils Rs 20000 crore credit guarantee plan for MFIs

Government unveils Rs 20000 crore credit guarantee plan for MFIs

The government has announced an ambitious Rs 20,000 crore credit guarantee scheme targeting microfinance institutions, a lifeline for those grappling with funding challenges. This program not only seeks to ease liquidity constraints but also aims to invigorat…

Kolkata: The government on Friday unveiled a Rs 20000-crore credit guarantee scheme for microfinance institutions, meeting a long standing demand. The scheme is aimed at easing the liquidity stress a… [+2558 chars]
Government unveils Rs 20000 crore credit guarantee plan for MFIs - FHMnews