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TMI BlogLoans worth more than 1 lakh crore sanctioned under ECLGSX X X X Extracts X X X X X X X X Extracts X X X X ..... Loans worth more than 1 lakh crore sanctioned under ECLGS X X X X Extracts X X X X X X X X Extracts X X X X ..... its of MSMEs & other businesses received help under the Scheme Under the 100 % Emergency Credit Line Guarantee Scheme (ECLGS) backed by a Government guarantee , Banks from Public & Private Sectors ha ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ve sanctioned loans worth over ₹ 1 lakh crore as of June 26, 2020, of which more than ₹ 45,000 crore has already been disbursed. This would help more than 30 lakh units of MSMEs & other bu ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... sinesses restart their businesses post the lockdown.. PSBs have sanctioned loans of ₹ 57,525.47 crore whereas Private Sector Banks have sanctioned loans of ₹ 44,335.52 crore under ECLGS. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... The top lenders under the Scheme are SBI , Bank of Baroda, PNB, Canara Bank & HDFC. Details of Loans sanctioned & disbursement by 12 PSBs are as follows: As part of the Aatmanirbhar package Governme ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nt had announced its plans for ₹ 3 lakh Crore as additional credit to MSMEs and small businesses. Such enterprises were to be eligible to receive upto 20% of their existing borrowing as addition ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... al loans at interest rates which were capped.
State wise details of loans sanctioned and disbursed under ECLGS by PSBs are as follows: X X X X Extracts X X X X X X X X Extracts X X X X
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