
Increasing the flow of credit to Microfinance sector! Big boost to small businesses!! Government of India introduced Credit Guarantee Scheme for Microfinance Institutions-2.0 (CGSMFI-2.0)! ✔ Guarantee coverage to Banks/ FIs against expected losses on the financial assistance extended by them to NBFC-MFIs and MFIs for on lending to small borrowers ✔ Loans amounting to ₹20,000 crore will be guaranteed ✔ Approximately 36 lakh small borrowers are estimated to benefit from the scheme #EmpoweringMFIs #AatmanirbharBharat #ViksitBharat2047 Read more here: pib.gov.in/PressReleasePa… @FinMinIndia @nsitharamanoffc @PIB_India @DDNewslive






















