Finance Ministry Extends Credit Guarantee Scheme to Bolster Microfinance Liquidity
Strengthening Micro-Credit Infrastructure The Union Ministry of Finance announced on Wednesday the extension of the Credit Guarantee Scheme for Microfinance Institutions (CGSMFI-2.0), prolonging its operational validity until August 31, 2026. This strategic move aims to ensure uninterrupted credit flow to small-scale borrowers by mitigating risks for banks and financial institutions that lend to Microfinance Institutions…
