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 ....
Do You Want to Read More?
Subscribe Now
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Related Content
- 1 Software Technology Parks of India (STPI)
- 2 Tezpur Litchi
- 3 Kishau Multi-Purpose Dam Project
- 4 Sitapur 250 MW Solar-BESS Project
- 5 Kirthai-II Hydroelectric Project
- 6 Khurasani Imli
- 7 Abhilasha Biofuel (ABF)
- 8 Price Stabilization Fund for Scheduled Indian Airlines
- 9 Land Port Management System
- 10 Global Wind Day 2026 Conference
- 1 Smart Seed Coating Technology
- 2 Mission SenehJori Launched in Assam
- 3 Centre Launches Nationwide Khet Bachao Abhiyan
- 4 ICAR Farmer FIRST Programme
- 5 Zero Coupon Zero Principal Instrument
- 6 Concerns over Fiscalisation of the Reserve Bank of India
- 7 Blue Valley Cluster Initiative
- 8 India Emerges as the World’s Leading Ship Recycling Nation
- 9 Energy Transition Index 2026
- 10 Highways Transformation: Powering India's Journey Towards Viksit Bharat
- 11 Government Notifies New SEZs in Puducherry
- 12 Global Wind Day 2026 Conference
- 13 Land Port Management System
- 14 Price Stabilization Fund for Scheduled Indian Airlines
- 15 Abhilasha Biofuel (ABF)
- 16 Khurasani Imli
- 17 Kirthai-II Hydroelectric Project
- 18 Sitapur 250 MW Solar-BESS Project
- 19 Kishau Multi-Purpose Dam Project
- 20 Tezpur Litchi
- 21 Software Technology Parks of India (STPI)

