While the loan coverage is capped at INR 100 crore, the total project cost can exceed this amount, provided at least 75 per ...

The Mutual Credit Guarantee Scheme for MSMEs is expected to facilitate the availability of credit for purchase of plant, ...

The Scheme will be applicable to all loans sanctioned under MCGS-MSME during the period of 4 years from the date of issue of operational guidelines of the scheme or till cumulative guarantee of Rs. 7 ...

The government of India has approved a new Mutual Credit Guarantee Scheme (MCGS) aimed at providing a financial cushion for ...

The launch of a new credit guarantee scheme for the MSME sector covering loans up to Rs 100 crore will help attract more ...

On January 29, the government launched the Mutual Credit Guarantee Scheme for MSMEs (MCGS- MSME) with an aim to provide 60 ...

The government has approved the Mutual Credit Guarantee Scheme for MSMEs (MCGS-MSME) that would facilitate loans up to Rs 100 ...

The government has launched a Mutual Credit Guarantee Scheme for MSMEs, offering credit guarantees for equipment purchases.

This initiative aims to strengthen the manufacturing sector by providing 60 per cent guarantee coverage for loans up to Rs ...

The Centre has approved the introduction of the Mutual Credit Guarantee Scheme for MSMEs (MCGS—MSME), which provides 60 per ...

The scheme also provides a repayment period of up to eight years, with a two-year moratorium for loans up to Rs 50 crore. To ...

To enhance manufacturing, the government introduces a Mutual Credit Guarantee Scheme for MSMEs, providing 60% guarantee ...