Friday, May 9, 2025

Capital push for startups: Government expands Credit Guarantee Scheme

The government has revised the Credit Guarantee Scheme for Startups, doubling the maximum guarantee cover to Rs 20 crore and increasing coverage to 85% for loans up to Rs 10 crore. It also reduced annual guarantee fees to 1% for key sectors.

from Tech-Economic Times https://ift.tt/9meTXMw

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