In financial year 2023, nearly 11657 billion credit guarantees worth around 1,047 billion Indian rupees were approved by the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) in India. This was an increase compared to 579 billion rupees in the previous year.
CGTMSE is a joint initiative by the Government of India and the Small Industries Development Bank of India (SIDBI) which started in 2001. 115 financial institutions were member lending institutions of the trust at the end of financial year 2020.
Value of approved guarantees within Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) in India from financial year 2015 to 2023
(in billion Indian rupees)
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CGTMSE. (December 4, 2023). Value of approved guarantees within Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) in India from financial year 2015 to 2023 (in billion Indian rupees) [Graph]. In Statista. Retrieved December 03, 2024, from https://www.statista.com/statistics/1243408/india-approved-guarantees-within-cgtmse-fund/
CGTMSE. "Value of approved guarantees within Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) in India from financial year 2015 to 2023 (in billion Indian rupees)." Chart. December 4, 2023. Statista. Accessed December 03, 2024. https://www.statista.com/statistics/1243408/india-approved-guarantees-within-cgtmse-fund/
CGTMSE. (2023). Value of approved guarantees within Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) in India from financial year 2015 to 2023 (in billion Indian rupees). Statista. Statista Inc.. Accessed: December 03, 2024. https://www.statista.com/statistics/1243408/india-approved-guarantees-within-cgtmse-fund/
CGTMSE. "Value of Approved Guarantees within Credit Guarantee Fund Trust for Micro and Small Enterprises (Cgtmse) in India from Financial Year 2015 to 2023 (in Billion Indian Rupees)." Statista, Statista Inc., 4 Dec 2023, https://www.statista.com/statistics/1243408/india-approved-guarantees-within-cgtmse-fund/
CGTMSE, Value of approved guarantees within Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) in India from financial year 2015 to 2023 (in billion Indian rupees) Statista, https://www.statista.com/statistics/1243408/india-approved-guarantees-within-cgtmse-fund/ (last visited December 03, 2024)
Value of approved guarantees within Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) in India from financial year 2015 to 2023 (in billion Indian rupees) [Graph], CGTMSE, December 4, 2023. [Online]. Available: https://www.statista.com/statistics/1243408/india-approved-guarantees-within-cgtmse-fund/
