National Credit Guarantee Trust Company Current Affairs, GK & News
The Ministry of Finance recently expanded the scope of Emergency Credit Line Guarantee Scheme to Rs 3 lakh crores. It aims to provide relief to stressed companies in the country. This mainly includes business enterprises in tourism, hospitality, travel and sporting sector. The National Credit Guarantee Trustee Company is the guarantee provider of the ECLGS ..
Category: Government Schemes Current Affairs
The U.K. Sinha committee constituted by the Reserve Bank of India (RBI) to study the problems faced by MSMEs has recommended constituting stressed asset fund for domestic micro, small and medium enterprises (MSMEs) as a relief to small businesses hurt by demonetization, the goods and services tax and an ongoing liquidity crunch. Stressed Asset Fund ..
Topics: Credit Guarantee Fund Trust for Micro and Small Enterprises • demonetization • distressed asset fund • Goods and services tax • Liquidity Crunch • MSME • National Council for MSMEs • National Credit Guarantee Trust Company • Non-performing Asset • NPA • Pradhan Mantri Mudra Yojana • PSBLoansIn59Minutes • RBI • Reserve Bank of India • Sick Units • Stand-up India • Stressed Asset Fund • U.K. Sinha Committee