credit facilities

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    Government Boosts MSME Credit Access with MCGS Changes

    The government has modified the Mutual Credit Guarantee Scheme (MCGS) to support Micro, Small, and Medium Enterprises (MSMEs), Manufacturers, and Exporters, in line with the 2025-26 budget.The scheme provides a 60% guarantee coverage by the National Credit Guarantee Trustee Company Limited...
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    New RBI Guidelines Expand Acquisition Financing Options

    Mumbai, February 13 The Reserve Bank on Friday issued the final guidelines on acquisition financing by banks, increasing the lending limit to up to 75 per cent of the deal value from the 70 per cent proposed in the draft rules.In amended directions governing commercial banks' credit...
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    New RBI Rules Permit Bank Financing for Real Estate Investment Trusts

    Mumbai, February 13 The Reserve Bank proposed on Friday allowing banks to extend loans to REITs, capping the total exposure at 49 percent of the asset value under each investment trust.Banks will provide loans only to listed Real Estate Investment Trusts (REITs).Currently, there are five...
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