ECLGS 5.0 support for MSMEs to last only for the allocated guarantee cover
Representative image. File | Photo Credit: Vengadesh R The National Credit Guarantee Trustee Company (NCGTC) has informed banks that the Emergency Credit Linked Guarantee Scheme (ECLGS) 5.0, which was announced in May this year to support MSMEs and non-MSMEs affected by the West Asia war, will be implemented only as long as the ₹2.5 lakh…
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