{"id":216584,"date":"2020-06-07T13:33:23","date_gmt":"2020-06-07T13:33:23","guid":{"rendered":"http:\/\/151.106.38.4\/2020\/06\/07\/psbs-sanction-rs-17-705-cr-collateral-free-loans-for-msmes\/"},"modified":"2020-06-07T13:33:23","modified_gmt":"2020-06-07T13:33:23","slug":"psbs-sanction-rs-17-705-cr-collateral-free-loans-for-msmes","status":"publish","type":"post","link":"https:\/\/nagalandpost.net\/index.php\/2020\/06\/07\/psbs-sanction-rs-17-705-cr-collateral-free-loans-for-msmes\/","title":{"rendered":"PSBs sanction Rs 17,705 cr collateral free loans for MSMEs"},"content":{"rendered":"<p><img src=\/old_site\/http:\/\/new.nagalandpost.com\/cms\/gall_content\/no_images_650x.jpg><\/p>\n<p>Public sector banks (PSB) have so far sanctioned Rs 17,705.64 crore worth of loans under the 100 per cent government guaranteed Emergency Credit Line Guarantee Scheme.<\/p>\n<p>The scheme is part of the Aatmanirbhar Bharat economic package. As per the government, banks would provide collateral-freeloans to the eligible MSMEs loans upto Rs 3 lakh crore in total in a bid to overcome the financial crisis caused due to the coronavirus pandemic and the nationwide lockdown.<\/p>\n<p>As of Friday, June 5, out of the sanctioned amount, Rs 8,320.24 crore has been disbursed, said a tweet by Finance Minister Nirmala Sitharaman&rsquo;s office.<\/p>\n<p>&ldquo;As of 5 June 2020, #PSBs have sanctioned loans worth Rs 17,705.64 crore under the 100% Emergency Credit Line Guarantee Scheme, out of which Rs 8320.24 crore have been disbursed,&rdquo; said the tweet.<\/p>\n<p>Data shared in the tweet showed that the State Bank of India (SBI) contributed a major chunk of the amount sanctioned and disbursed so far. SBI, as of Friday sanctioned a total of Rs 11,701.06 crore and disbursed Rs 6,084.71 crore of loans.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PSBs sanction Rs 17,705 cr collateral free loans for MSMEs<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[667],"tags":[],"class_list":["post-216584","post","type-post","status-publish","format-standard","category-business"],"_links":{"self":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/posts\/216584","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/comments?post=216584"}],"version-history":[{"count":0,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/posts\/216584\/revisions"}],"wp:attachment":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/media?parent=216584"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/categories?post=216584"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/tags?post=216584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}