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HomeNewsFinanceGovernment extends CGSMFI-2.0 till August; raises loan cap for NBFC-MFIs

Government extends CGSMFI-2.0 till August; raises loan cap for NBFC-MFIs

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Government extends CGSMFI-2.0 till August; raises loan cap for NBFC-MFIs

New Delhi [India], June 10 (ANI): The Government of India has extended the Credit Guarantee Scheme for Microfinance Institutions-2.0 (CGSMFI-2.0) till August 2026 and raised the maximum loan limit for large NBFC-MFIs/MFIs under the scheme, as per a statement by the Ministry of Finance on Wednesday. According to the release, the Centre has extended the Credit Guarantee Scheme for Microfinance…

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