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PSBs disburse 52% of the loans sanctioned under emergency credit line guarantee scheme

Nirmala Sitharaman India covid-19 2020 Government crisis
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₹40,416 crore under the emergency credit line guarantee scheme, out of which, 52% of the credit has already been disbursed, as of June 18, the finance ministry said.“As of 18 June 2020, PSBs have sanctioned loans worth ₹40,416 crore under the 100% Emergency Credit Line Guarantee Scheme, out of which ₹21,028.55 crore has already been disbursed," the finance minister Nirmala Sitharaman’s office said in a tweet on Friday.The government has been prodding banks to increase credit disbursal to support small businesses as the imposition of the nationwide lockdown disrupted businesses and brought economic activity to a standstill.

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COVID-19
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United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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