MSMEs to reap gains of revamped credit guarantee scheme2 min read . Updated: 02 Feb 2023, 01:28 AM IST
The move is likely to enable additional collateral-free guaranteed credit of ₹2 trillion
MUMBAI : The government will introduce the revamped version of the Credit Guarantee Trust for Micro and Small Enterprises (CGTMSE) scheme from 1 April, infusing ₹9,000 crore to aid collateral-free lending to small businesses, finance minister Nirmala Sitharaman said on Wednesday.
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