Banking News
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Source: Economic Times
Economic Times
Source
Banking Sector
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4 min
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10 Aug
Published
Banking Sector
4 min read· Economic TimesRs 20,000 crore credit guarantee plan misses the mark
Banks have disbursed merely seventeen percent of the credit guarantee scheme funds. Loan sanctions remain slow as banks show caution with smaller microfinance institutions. Larger microfinance companies are hesitant to borrow under the government's guarantee program. About one thousand crore rupees went to small and…
Banks have disbursed merely seventeen percent of the credit guarantee scheme funds. Loan sanctions remain slow as banks show caution with smaller microfinance institutions. Larger microfinance companies are hesitant to borrow under the government's guarantee program. About one thousand crore rupees went to small and
Source: Economic Times