Page 2 of CGTMSE

States with maximum guarantees approved were Andhra Pradesh with 2.37 lakh followed by Uttar Pradesh with 1.30 lakh guarantees, Maharashtra…

Credit and finance for MSMEs: PM Modi expressed happiness on the collateral-free loan scheme for small businesses hitting the Rs…

Credit and finance for MSMEs: Women-owned MSEs had a share of 14 per cent in the total value of guarantees…

Credit and finance for MSMEs: The maximum guarantee claims settled for banks till February-end in FY23 were in loans extended…

Credit and finance for MSMEs: Importantly, CGTMSE was revamped in December last year to extend it to SC/ST entrepreneurs in…

Credit and finance for MSMEs: CGTMSE was introduced back in July 2000 with an initial outlay of Rs 2,500 crore…

Credit and finance for MSMEs: “While the CGTMSE portfolio has a 56 per cent initial recovery rate, low portfolio delinquency,…

Credit and finance for MSMEs: The extent of guarantee coverage and the rate of annual guarantee fee (AGF) have also…

Credit and finance for MSMEs: The AGF will be charged on the guaranteed amount for the first year and on…

Credit and finance for MSMEs: “MFI play a crucial role in providing loans to economically disadvantaged groups and empowers rural…

Credit and finance for MSMEs: CGTMSE was set up in July 2000 with an initial outlay of Rs 2,500 crore…

Credit and finance for MSMEs: CGTMSE was set up in July 2000 with an initial outlay of Rs 2,500 crore…

Credit and finance for MSMEs: Out of the total guarantees approved as of October 17, 26,940 were settled involving Rs…

Credit and Finance for MSMEs: As of June 30 2022, 61.13 lakh guarantees involving Rs 3,35,321.59 crore were approved under…