In financial year 2021, over 526 thousand credit guarantees worth nearly 223 billion Indian rupees were approved by public banks within the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) in India. This was by far the biggest contribution within the trust. Non-banking financial companies (NBFCs) followed second with guarantees worth over 81 billion rupees.
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 in financial year 2021, by category
(in billion Indian rupees)
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CGTMSE. (January 7, 2022). Value of approved guarantees within Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) in India in financial year 2021, by category (in billion Indian rupees) [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/1243421/india-approved-guarantees-within-cgtmse-fund-by-category/
CGTMSE. "Value of approved guarantees within Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) in India in financial year 2021, by category (in billion Indian rupees)." Chart. January 7, 2022. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/1243421/india-approved-guarantees-within-cgtmse-fund-by-category/
CGTMSE. (2022). Value of approved guarantees within Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) in India in financial year 2021, by category (in billion Indian rupees). Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/1243421/india-approved-guarantees-within-cgtmse-fund-by-category/
CGTMSE. "Value of Approved Guarantees within Credit Guarantee Fund Trust for Micro and Small Enterprises (Cgtmse) in India in Financial Year 2021, by Category (in Billion Indian Rupees)." Statista, Statista Inc., 7 Jan 2022, https://www.statista.com/statistics/1243421/india-approved-guarantees-within-cgtmse-fund-by-category/
CGTMSE, Value of approved guarantees within Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) in India in financial year 2021, by category (in billion Indian rupees) Statista, https://www.statista.com/statistics/1243421/india-approved-guarantees-within-cgtmse-fund-by-category/ (last visited December 30, 2024)
Value of approved guarantees within Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) in India in financial year 2021, by category (in billion Indian rupees) [Graph], CGTMSE, January 7, 2022. [Online]. Available: https://www.statista.com/statistics/1243421/india-approved-guarantees-within-cgtmse-fund-by-category/
