Centre Extends CGSMFI-2.0
On 10th June 2026, the Central Government approved extension in validity of the Credit Guarantee Scheme for Microfinance Institutions-2.0 (CGSMFI-2.0) upto 31.8.2026 or till guarantees for an amount of Rs. 20,000 crore are issued, whichever is earlier.
Impact of Extending CGSMFI-2.0
- Extension in validity and increase in maximum loan amount capped to Large Sized Non-Banking Financial Company (NBFC) - Micro Finance Institutions(NBFC-MFIs)/MFIs is expected to result in better utilisation of the scheme and facilitate increased credit flow to the MFI sector.
What is CGSMFI-2.0?
- Launched in March 2026, the scheme aims to provide guarantee cover to Banks/ FIs through ....
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