Incentives provided by the central government’s Emergency Credit Line Guarantee Scheme (ECLGS) have helped in boosting credit flow to MSMEs and 12 per cent of the outstanding MSME credit has been saved from slipping into non-performing assets (NPAs), said SBI Research in its latest Ecowrap report. According to SBI Research’s analysis, at least 14.6 lakh MSMEs accounts were saved due to the emergency credit guarantee scheme.
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