Export credit boost: Banks clear Rs 3,362 crore under CGSE in first month; 774 exporters covered

Exporters are receiving a significant boost with Rs 3,361.83 crore sanctioned under the Rs 20,000-crore Credit Guarantee Scheme for Exporters within its first month. This initiative aims to support businesses facing global trade headwinds, offering substantial credit guarantees to eligible exporters, including MSMEs, to enhance their competitiveness.