What is the Credit Guarantee Scheme for Subordinate Debt of MSMEs introduced by the Ministry of MSME? How can I benefit from it? - PowerPoint PPT Presentation

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What is the Credit Guarantee Scheme for Subordinate Debt of MSMEs introduced by the Ministry of MSME? How can I benefit from it?

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The Ministry of MSME has introduced the Credit Guarantee Scheme for Subordinate Debt for stressed MSMEs (hereafter called as 'the scheme') on 24th June 2020 with a view to support MSMEs who have been stressed with the current difficult times. The scheme has been introduced with a sole objective of facilitating loans through Banks to the promoters of stressed MSMEs in order to help them infuse more equity/capital into their business. Such businesses must be eligible for restructuring under the RBI guidelines in order to be able to avail these benefits. – PowerPoint PPT presentation

Number of Views:7
Date added: 23 March 2022
Slides: 9
Provided by: Sonal-Shah
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