Credit Enhancement Fund Current Affairs, GK & News

Rs 14,690 Crore disbursed under Emergency Credit Line Guarantee Scheme

June 13, 2020

On June 12, 2020, the Ministry of Finance announced that the public sector banks have so far disbursed Rs 14,690 crores for the MSMEs under the Emergency Credit Line Guarantee Scheme (ECLGS). Highlights The credit line of ECLGS is the biggest component of the economic package announced by the Finance Minister under Atma Nirbhar Bharat ..

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Credit Enhancement Fund: Government to launch Rs.500 crore fund

June 12, 2018

Union Government is going to launch Rs.500 crore Credit Enhancement Fund (CEF) in July 2018 to facilitate infrastructure investments by insurance and pension funds. The CEF provides additional source of assaurance or gaurantee that borrower will service their loan. It also helps borrower to raise loans at lower interest rates. The  fund was first announced ..

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