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The Economic Times

Economy / The Economic Times

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Govt's credit guarantee to reduce MSME bad loan risks for banks

The government's Emergency Credit Line Guarantee Scheme 5.0 is set to bolster micro, small, and medium enterprises. Experts believe this initiative will help banks avoid a rise in bad loans. The scheme aims to provide guaranteed credit, easing financial stress for businesses. Lenders are actively engaging eligible borrowers to ensure early adoption of this crucial support mechanism.

22 May 2026 1:14 am