Govt issued 4.11 lakh guarantees under credit scheme during US-Iran conflict
The government's emergency credit guarantee initiative, designed to assist small enterprises struggling due to the US-Iran conflict, granted 4,11,497 guarantees totaling ₹1.55 lakh crore over a two-month period. Data from the Finance Ministry highlighted how the scheme was utilized throughout the lending sector. In May 2026, the central government sanctioned a budget of ₹18,100 crore to facilitate liquidity support amounting to ₹2.55 lakh crore.
by shortkt.com✓