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ECLGS 5.0 finds traction as MSMEs look for buffer

May 25, 2026

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Business Standard

Bankers are seeing early traction under the Ministry of Micro, Small and Medium Enterprises (MSME) credit support scheme Emergency Credit Line Guarantee Scheme (ECLGS) 5.0, with a steady rise in enquiries and applications from small businesses, although lenders cautioned that it was too early to gauge the eventual outcome.

- SUBRATA PANDA

ECLGS 5.0 finds traction as MSMEs look for buffer

The initial response suggests that micro, small, and medium enterprises may be seeking to shore up liquidity buffers and secure additional credit lines, amid an uncertain operating environment, bankers said.

“A lot of MSME customers are reaching out and we are receiving applications. It is still early days, so we do not know yet how this will pan out. But the scheme has seen traction. People are making enquiries. There could be some stress among MSMEs, or perhaps businesses want to ensure they have additional credit lines in place, just in case,” said a senior banker at a state-owned bank.

المزيد من القصص من Business Standard

Business Standard

Business Standard

Exim cargo at India's ports fell by 2% in April

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time to read

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time to read

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time to read

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time to read

6 mins

May 25, 2026

Business Standard

Business Standard

ECLGS 5.0 finds traction as MSMEs look for buffer

Bankers are seeing early traction under the Ministry of Micro, Small and Medium Enterprises (MSME) credit support scheme Emergency Credit Line Guarantee Scheme (ECLGS) 5.0, with a steady rise in enquiries and applications from small businesses, although lenders cautioned that it was too early to gauge the eventual outcome.

time to read

2 mins

May 25, 2026

Business Standard

India’s extreme heat spell giving parametric insurance a longer season

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time to read

2 mins

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Business Standard

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time to read

2 mins

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Business Standard

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The chairmen of Tata Trusts and Tata Sons — Noel Tata and N Chandrasekaran—are learnt to have met during the weekend, putting an end to a three-month long communication logjam between the two amid dissonance within Tata Trusts.

time to read

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Business Standard

Students rethink overseas study plans amid ₹ slide

Deferred study plans, shrinking interest in high-cost degrees, and a growing exit from traditional study destinations — these are some of the responses emerging among Indian students as the rupee’s slide makes overseas education significantly more expensive.

time to read

3 mins

May 25, 2026

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