How will govt's credit guarantee scheme 2.0 work?

The government on Thursday said it has extended the Emergency Credit Line Guarantee Scheme (ECLGS) to the health sector and 26 other sectors identified by the Kamath Committee. The National Credit......

Rs 2,000 crore loans to Go First are now NPA: Central Bank of India

Central Bank of India classified its loans to Go First as non-performing assets (NPAs) in the July-September quarter (second quarter, or Q2) of 2023-24 (FY24). Photograph: ANI Photo The no-frills......

Govt seeks to infuse Rs 20,000 cr in public sector banks

This is part of the first batch of Supplementary Demands for Grants for 2020-21 moved by Finance Minister Nirmala Sitharaman in the Lok Sabha. Illustration: Dominic Xavier/Rediff.com The......

PSBs sanction Rs 3,200 cr loans to MSMEs in one day

The scheme is the biggest fiscal component of the Rs 20-lakh crore Aatmanirbhar Bharat Abhiyan package announced by Finance Minister Nirmala Sitharaman last month. Illustration: Dominic......