The Finance Ministry announced today (25th September) that a mega credit campaign is going to happen until 2nd of October for Medium, Small and Micro Enterprises to push for Pradhan Mantri Mudra Yojana (PMMY). Together, all the banks (state-run, regional and private) have a target of Rs. 1.22 lakh crore ...
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Credit Guarantee Fund Scheme for Micro and Small Enterprises (CGMSE) CGMSE was launched by the Indian government to provide collateral/security free loans to micro and small enterprise sector. A Trust was established by Ministry of MSMEs and Small Industries Development Bank of India (SIDBI) to implement this scheme. 80% of ...
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