BANKING & FINANCE
Govt Rolls Out Modified Scheme To Boost Credit Flow To Microfinance
In a move aimed at revitalising the microfinance ecosystem, the Indian government has launched the Credit Guarantee Scheme for Microfinance Institutions-2.0 (CGSMFI-2.0), a revamped initiative designed to unlock up to ₹20,000 crore in credit flow to the sector. The scheme, operationalised through the National Credit Guarantee Trustee Company Limited (NCGTC), will provide guarantee cover to […]
