NIFTY 50

Exclusive: Rs 40,000 crore corpus likely for govt guaranteed lending to MSMEs

Updated : April 28, 2020 01:14 PM IST

The creation of such a corpus may help absorb potential defaults and will help leverage lending of upto 3 lakh crore to MSMEs, sources explained.
MSMEs will be allowed to borrow these funds in addition to the emergency COVID-19 credit line announced by banks.

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