Rs 20,000 Crore Credit Guarantee Plan Misses Mark, Only 17% Disbursed

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Government

11 August 2026 at 8:14 am

Rs 20,000 Crore Credit Guarantee Plan Misses Mark, Only 17% Disbursed

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Summary

Banks have disbursed only seventeen percent of the credit guarantee scheme funds, with loan sanctions remaining slow due to caution with smaller microfinance institutions and larger companies' hesitation to borrow under the program.

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