Lok Sabha Question No. 1064 (UNSTARRED), answered on 2021-02-08
Subject: ECLGS Disbursal
Ministry: FINANCE
Asked by: Shobha Karandlaje

## GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF FINANCIAL SERVICES LOK SABHA

## UN-STARRED QUESTION NO. 1064

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TO BE ANSWERED ON &h February, 2021 MAGHA 19, 1942 (SAKA)

## ECLGS Disbursal

## 1064. KUMARI SHOBHA KARANDLAJE:

Will the Minister of FINANCE be pleased to state:

- (a) the objective and salient features of Emergency Credit Line Guarantee Scheme (ECLGS) with the implementation schedule of the scheme; along
- (b) the amount of loans sanctioned and disbursed by the Public and Private sectors banks under the ECLGS so far;
- (c) whether the scheme was announced by the Government as a part of Atmanirbhar Bharat Package; to mitigate the distress caused by lockdown due to COVID-19 by providing credit to different sectors;
- (e) the other concrete steps taken by Government for mitigating the economic distress faced by MSMEs in the country? being
- (d) ifs0, the details of loans sanctioned and disbursed under ECLGS so State-wise along with the lenders under the Scheme; bank-wise; and far, top

## ANSWER

## MINISTER OF STATE IN THE MINISTRY OF FNNANCE

## (SHRI ANURAG SINGH THAKUR)

(a) to (d)'As part of the Aatma Nirbhar Bharat Abhiyaan, Emergency Credit Line Guarantee Scheme (ECLGS) was introduced as an emergency measure to combat the unprecedented crisis caused in the wake of Covid-19 pandemic. Under the scheme, credit from Scheduled Commercial Banks, Financial Institutions, Non-Banking Financial Companies is provided to eligible Micro, Small & Medium Enterprise (MSME) units, business enterprises and individual loans for business purposes upto 20% of their  outstanding  credit as on 29.2.2020. This   additional credit is   fully covered by a credit guarantee  provided by National Credit  Guarantee Trustee   Company Ltd. (NCGTC): The loans provided under ECLGS have a 12-month moratorium on repayment of principal. The Scheme has been extended through ECLGS 2.0 for the 26 sectors identified by the Kamath Committee and the health care sector. The entities with outstanding credit above Rs. 50 crore and not exceeding Rs. 500 crore aS on 29.2.2020 were made eligible under ECLGS 2.0. The scheme is valid till 31.3.2021 or till guarantees for an amount of Rs 3,00,000 crore is sanctioned, whichever is earlier ECLGS is also available to eligible non-MSME enterprises. As informed by National Credit Guarantee Trustee Company Limited (NCGTC) the total amount of loans sanctioned and disbursed by the Public and Private sector banks under the ECLGS as on 25.1.2021 is Rs 1.98 lakh crore and Rs 1.42 lakh crore respectively. The bank-wise details in this regard is enclosed at Annexure-I The state-wise details of guarantees issued by NCGTC is enclosed at Annexure-II:

- (e) :As informed by Reserve Bank of India (RBI); following steps have been taken inter-alia, to assist the MSME and non-MSME borrowers affected by COVID-19 pandemic:
- i) RBI permitted all lending institutions to grant a moratorium of six months on payment of all instalments falling due between 1.3.2020 and 31.8.2020, in respect of all term loans outstanding as on 1.3.2020, and deferred the payment of interest on working for the same capital period.
- i) RBI with the intent to facilitate revival of real sector activities and to mitigate the impact of the COVID-19 pandemic on the ultimate   borrowers, has provided a resolution framework for lending institutions to implement individual resolution plans, based on the assessment of the viability and in accordance with their Board-approved policies, in respect of eligible personal loans; loans to MSMEs and corporates, and for restructuring of loans to MSMEs with exposure of up to Rs. 25 crore, while classifying them as standard. Resolution plans under RBI circulars may involve restructuring; in which the lending institution may grant customised relief which may include; inter-alia, rescheduling of loans by and granting of moratorium:
- ii) RBI with a view to facilitate greater flow of resources to corporates has decided, as a one-time measure, to increase a bank'$ exposure to a group of connected counterparties from 25% to 30% of the eligible capital base of the bank upto June 30,2021.

| Sr. No. Bank Name             | Loans Sanctioned (Rs. Crore)   | Loans Disbursed (Rs. Crore)   |
|-------------------------------|--------------------------------|-------------------------------|
| 1 BANK OF BARODA              | 8513                           | 5872.77                       |
| 2 BANK OF INDIA               | 5264                           | 4315.87                       |
| 3 BANK OF MAHARASHTRA         | 1746                           | 1526.61                       |
| 4/CANARA BANK                 | 8593                           | 7700.17                       |
| 5| CENTRAL BANK OF INDIA | 2850                           | 2173.16                       |
|                               | 5401                           | 3106.94                       |
| INDIAN OVERSEAS BANK          | 3607                           | 1668.82                       |
| 8|PUNJAB & SIND BANK     | 1062                           | 909.70                        |
| 9|PUNJAB NATIONAL BANK   | 10998                          | 10103.77                      |
| 10 STATE BANK OF INDIA        | 25618                          | 18699.04                      |
| 11/UCO BANK                   | 1333                           | 722.21                        |
| 12 UNION BANK OF INDIA        | 8177                           | 4427.00                       |
| Public Sector Banks Total     | 83162.00                       | 61226.08                      |
| 1 AXIS BANK LIMITED           | 8914                           | 8099.51                       |
| 2 BANDHAN BANK LTD            |                                |                               |
| 3|CITY UNION BANK LTD    | 1872                           | 1584.52                       |
| CSB BANK LTD                  | 109                            | 116.47                        |
| 5 DCB BANK LIMITED            | 2134                           | 624.73                        |
|                               | 62                             | 85.25                         |
| HDFC BANK LTD                 | 43705                          | 23503.84                      |
|                               | 14763                          | 12981.98                      |
|                               | 1689                           | 1423.56                       |
|                               | 1948                           |                               |
| 11/INDUSIND BANK LTD.         | 5709                           | 3360.29                       |
| 12 KARNATAKA BANK             | 2191                           | 2010.74                       |
| 13 KOTAK MAHINDRA BANK LTD    | 11911                          | 5736.54                       |
| 14/RBL BANK LIMITED           | 1156                           | 857.74                        |
| 15 TAMILNAD MERCANTILE BANKI  | 1443                           | 1335.40                       |
| 16THE FEDERAL BANK LTD        | 2852                           | 2579.98                       |
|                               | 1756                           | 1601.11                       |
| 18THE KARUR VYSYA BANK LTD    | 2048                           | 2099.47                       |
| 19 THE LAKSHMI VILAS BANK LTD | 280                            | 244.96                        |
| 20 THE NAINITAL BANK LTD.     | 56                             | 46.77                         |
| 21/THE SOUTH INDIAN BANK LTD  |                                | 2929.88                       |
| 22/YES BANK LTD.              | 7533                           | 5558.39                       |
| Private Sector Banks Total    | 115077.00                      | 80827.23                      |
| PSB + PVT Banks Total         | 198239.001                     | 142053.31                     |

## Annexure Ilto the reply of Lok Sabha unstarred Question No. 1064 due for answer on 8.2.2021

State wise guarantees issued by NCGTC for loans sanctioned under ECLGS as on 25.1.2021

| Sr. No. State Name     | No. of Guarantees issued by NCGTC for loans sanctioned under ECLGS   | Amount of Guarantees issued by NCGTC for loans sanctioned under ECLGS (Rs. Crore)   |
|------------------------|----------------------------------------------------------------------|-------------------------------------------------------------------------------------|
| ANDAMAN & NICOBAR      | 1885                                                                 | 92.09                                                                               |
| 2/ANDHRA PRADESH       | 246912                                                               | 7488.45                                                                             |
| 3/ARUNACHAL PRADESH    | 2179                                                                 | 62.49                                                                               |
| 4/ASSAM                | 529971                                                               |                                                                                     |
| 5 BIHAR                | 644256                                                               | 3519.01                                                                             |
| 6/CHANDIGARH           | 6307                                                                 | 778.90                                                                              |
| 7ICHHATTISGARH         | 135559                                                               | 3527.93                                                                             |
| 8 DADRA & NAGAR HAVELI | 2012                                                                 | 170.72                                                                              |
| 9                      | 869                                                                  | 115.85                                                                              |
| 10 DELHI               | 88981                                                                | 11762.88                                                                            |
| 11/GOA                 | 11562                                                                | 631.02                                                                              |
| 12 GUJARAT             | 284365                                                               | 18986.92                                                                            |
| 13/HARYANA             | 154646                                                               | 9433.83                                                                             |
| 14 HIMACHAL PRADESH    | 46039                                                                | 1341.48                                                                             |
| 15IJAMMU & KASHMIR     | 66597                                                                |                                                                                     |
| 161JHARKHAND           | 238973                                                               | 2395.80                                                                             |
| 17 KARNATAKA           | 445320                                                               | 13030.34                                                                            |
| 18/KERALA              | 398982                                                               | 7070.44                                                                             |
| 19 LADAKH              | 994                                                                  | 43.21                                                                               |
|                        | 351                                                                  | 1.66                                                                                |
| 21/MADHYA PRADESH      | 373541                                                               | 6962.81                                                                             |
| 22/MAHARASHTRA         | 798524                                                               | 30263.90                                                                            |
| 23 MANIPUR             | 9877                                                                 | 109.88                                                                              |
| 24 MEGHALAYA           | 11164                                                                | 152.93                                                                              |
| 25 MIZORAM             |                                                                      | 52.38                                                                               |
| 26INAGALAND            | 7177                                                                 | 56.83                                                                               |
| 27/0DISHA              | 850944                                                               | 4088.91                                                                             |
| 28/PONDICHERRY         | 11401                                                                | 331.46                                                                              |
| 29 PUNJAB              |                                                                      | 6944.05                                                                             |
| 30 RAJASTHAN           | 299243                                                               | 10788.93                                                                            |
| 31 SIKKIM              | 8361                                                                 | 86.02                                                                               |
| 32/TAMILNADU           |                                                                      | 20891.42                                                                            |
| 33 TELANGANA           |                                                                      | 8669.27                                                                             |
| 34 TRIPURA             | 60632                                                                | 239.71                                                                              |
| 35 UTTAR PRADESH       | 645449                                                               | 13523.161                                                                           |
| 36 UTTARAKHAND         | 65818                                                                | 1905.56                                                                             |
| 37/WEST BENGAL         | 1877773                                                              | 11331.39                                                                            |