Business · 1 sources covering this

Govt pulls plug on ECLGS just over 3 months after launch; banks in a fix

ECLGS 5.0 was meant to run until March 2027, but its ₹2.5 trillion guarantee allocation was exhausted within months, leaving banks and borrowers with sanctioned but undisbursed loans

Share:WhatsApp X Reddit Facebook LinkedIn

Coverage spectrum

0 L · 1 C · 0 R

How 1 sources are covering this

Business StandardCenter·2h ago
Govt pulls plug on ECLGS just over 3 months after launch; banks in a fix
ECLGS 5.0 was meant to run until March 2027, but its ₹2.5 trillion guarantee allocation was exhausted within months, leaving banks and borrowers with sanctioned but undisbursed loans
Read at Business Standard →

Embed this bias spectrum on your site

Paste this iframe wherever you'd like the widget to appear. Resizes responsively; no JS required.

<iframe
  src="https://hindustansphere.com/embed/cluster/2d96247c3a2704c56adac32af7e5ba77248fbf5f"
  width="100%" height="320"
  style="border:0;max-width:680px"
  loading="lazy"
  title="Govt pulls plug on ECLGS just over 3 months after launch; banks in a fix"></iframe>

Govt pulls plug on ECLGS just over 3 months after launch; banks in a fix

How 1 sources are covering this

Govt pulls plug on ECLGS just over 3 months after launch; banks in a fix

More from Business

No logistical challenges if lower ethanol blend is introduced: Bharat Petroleum chief

Banks, cos better placed for next downturn: SBI

Trump says ‘Putin won’t attack NATO’; Kremlin calls reports of possible Russian strike ‘scare stories’

Gaana, Fenix360 to create direct artist-fan system

Reader

Trust & legal

Across the network