The Centre has introduced Credit Guarantee Scheme for Microfinance Institutions-2.0 (CGSMFI-2.0), which will facilitate increased credit flow to the MFI sector. The scheme aims to provide credit ...

The government has introduced a Credit Guarantee Scheme for Microfinance Institutions-2.0 (CGSMFI-2.0).

The scheme offers 70-80% guarantee cover on loans to MFIs, aiming to restore lender confidence and improve credit access for ...

The Government of India has introduced Credit Guarantee Scheme for Microfinance Institutions-2.0 (CGSMFI-2.0). The scheme aims to provide guarantee cover to Banks/ FIs through National Credit ...

Government launches Rs 20,000 crore credit guarantee scheme for microfinance institutions to ease liquidity stress, boost ...

Government’s microfinance credit guarantee scheme to benefit 36 lakh borrowers, boosting credit flow and supporting financial inclusion across India.

The government announced that around 36 lakh borrowers are expected to benefit from the Credit Guarantee Scheme for Microfinance Institutions-2.0 (CGSMFI-2.0), designed to strengthen credit flow to ...

The Indian government has initiated a ₹20,000-crore Credit Guarantee Scheme for Microfinance Institutions 2.0 to boost credit flow and alleviate liquidity issues in the sector.

In a significant move to strengthen financial inclusion and support small borrowers, the government has launched a revamped credit guarantee scheme aimed at boosting the microfinance sector and ...

The Government of India announced the Credit Guarantee Scheme for Microfinance Institutions-2.0 (CGSMFI-2.0), which is aimed ...

Additionally, the MFIs' lending to small borrowers has to be done at a cost of 1 per cent below the average rate of their lending in the last six months ...

The Centre introduced CGSMFI-2.0 to enhance credit flow to the MFI sector. The scheme provides credit guarantees via NCGTC ...