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The Economic Times

Economy / The Economic Times

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Credit guarantee scheme for MFI 2.0 gets extension

The Credit Guarantee Scheme for Microfinance Institutions-2.0 has been extended. This extension will last until August or until guarantees worth 20,000 crore are issued. The maximum loan amount for large NBFC-MFIs and MFIs has been raised to 1,000 crore. This aims to boost credit flow to the microfinance sector. Loans totaling 770 crore have been sanctioned so far.

11 Jun 2026 12:26 am