Hi,
In response to the exceptional COVID-19 situation, the government launched the ECLGS 1.0 and 2.0 programmes. Encouraging MLIs to offer extra credit of a maximum of Rs. 3 lakh crore at a low cost, aims to give the MSME sector much-needed respite, allowing MSMEs to satisfy their operational obligations and resume the smooth operation of their enterprises. For the purpose of offering these programmes to their clients, HDFC Bank is incorporated under the trust.
The ECLGS 1.0 and 2.0 programmes, which were initially established until 31 March 211, have now been extended until 30 June 21 for sanctions and through 30 September 21 for money release.
A new programme within ECLGS 3.0 has also been introduced for the hospitality, travel and tourism, and leisure and sports industries. Therefore, consumers may benefit from all three of the ECLGS programmes (1.0, 2.0, and 3.0) through June 30th, 21.
I hope this helps you out.
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August 9, 2022
2022-08-09T12:18:28+00:00 2022-08-09T12:18:29+00:00Comment
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