Govt Launches CGSMFI-2.0 Scheme to Empower Microfinance and Secure Small Borrowers | Biz Flow Kit
Govt Launches CGSMFI-2.0 Scheme to Empower Microfinance and Secure Small Borrowers The Government of India has launched a new scheme called the Credit Guarantee Scheme for Microfinance Institutions 2.0 (CGSMFI-2.0). The objective of this scheme is to make banks and financial institutions feel safe when they lend money to the Non-Banking Financial Company-Microfinance Institutions (NBFC-MFIs)…