The Government of India (GoI) has extended the Credit Guarantee Scheme for Microfinance Institutions-2.0 (CGSMFI-2.0) until August 2026 or until guarantees amounting to ₹20,000 crore are issued, whichever is earlier.
The government has also increased the maximum loan amount cap for Large Sized Non-Banking Financial Company-Micro Finance Institutions (NBFC-MFIs)/Micro Finance Institutions (MFIs) from ₹300 crore to ₹1,000 crore, subject to an overall ceiling of 20% of Assets under Management (AUM).