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The Economic Times

Economy / The Economic Times

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Government unveils Rs 20000 crore credit guarantee plan for MFIs

The government has announced an ambitious Rs 20,000 crore credit guarantee scheme targeting microfinance institutions, a lifeline for those grappling with funding challenges. This program not only seeks to ease liquidity constraints but also aims to invigorate credit distribution within the sector, specifically helping small and medium NBFC-MFIs.

20 Mar 2026 5:37 pm