eclgs

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Cash-strapped budget airline SpiceJet will receive an additional ₹1,000 crore under the revised Emergency Credit Line Guarantee Scheme (ECLGS) enabling it to “settle the survivability…

Maximum credit airlines can seek has been raised from ₹400 crore to ₹1,500 crore Maximum credit airlines can seek has been raised from ₹400 crore to ₹1,500 crore The Ministry of Finance…

NEW DELHI: Lessors of two more aircraft currently with SpiceJethave approached the Directorate General of Civil Aviation (DGCA) to de-register their planes rented to the airline. These…

SpiceJet chairman and managing director Ajay Singh said it is doing the utmost to work through the stress that it has faced and the strategy is to raise resources SpiceJet chairman and…

‘Loan cover of ₹50,000 crore for sustenance and recovery of firms dented by COVID-19’ ‘Loan cover of ₹50,000 crore for sustenance and recovery of firms dented by COVID-19’ The Union…

The Union Cabinet on Wednesday approved a…

MSME loan demand has touched 1.6 times the pre-pandemic levels thanks largely to the government's ECLGS scheme according to a report by credit bureau Transunion Cibil and Sidbi. Demand for…

“Banks would be urged to sanction loans for productive sectors to accelerate revival of the economy facing headwinds including from Russia-Ukraine war,” sources said. “Banks would be urged…

Finance Minister Nirmala Sitharaman is scheduled to meet heads of public sector banks (PSBs) on April 23 to review performance of the lenders and progress made by them on various schemes…