[
credit facility
]Latest from credit facility
Centre may extend deadline to avail ₹3 lakh crore emergency credit facility
The Union Cabinet on May 20, 2020 approved an Emergency Credit Line Guarantee Scheme (ECLGS) with a corpus of ₹41,600 crore for about five months ending on October 31.The scheme provides for an easy additional working capital loan at a concessional rate of interest to an existing borrower who was not a defaulter.

Hindustan Times, New Delhi | ByRajeev Jayaswal | Edited by Sohini Sarkar