RBI’s draft norms state that loans granted for business purposes to individual borrowers will also be free of the existing ...

Finance Minister Nirmala Sitharaman on Monday launched the Mutual Credit Guarantee Scheme for MSMEs (MCGS – MSME) for ...

Eligibility Criteria To qualify for the interest-free loan under this scheme: How to Apply for the Scheme Eligible candidates can apply for the scheme through the official MSME website of the ...

The MSGS offers 60% guarantee coverage by the National Credit Guarantee Trustee Company Ltd (NCGTC). This means member ...

The Budget 2025 introduces transformative measures—including enhanced credit guarantees, the ME-Card initiative, ...

run by the Ministry of MSME in association with SIDBI. Eligible start-ups and Micro, Small and Medium Enterprises (MSMEs) can apply for loans with no collateral up to Rs. 1 crore under this scheme.

In general, women have played a significant role in Indian society. But it has always been difficult for them to start and ...

Noida: Nine persons were arrested for preparing forged documents to claim an empty plot in Sector 55 and applying for a loan ...

The scheme will apply to all loans sanctioned under MCGS-MSME within a period of 4 years from the date of issuing the operational guidelines of the scheme or until a cumulative guarantee of Rs.

Banks and lenders will receive a 60% guarantee for MSME loans up to ... Upfront contribution of 5% of the loan amount shall have to be deposited at the time of application of guarantee cover.