In the financial year 2023, Union Bank of India was the leading member lending institution under the Credit Guarantee Scheme (CGS-I) of the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) in terms of number of approved guarantees standing at more than 287 thousand. It was followed by Punjab National Bank.
CGTMSE is a joint initiative by the Government of India and the Small Industries Development Bank of India (SIDBI) which started in 2001. 321 financial institutions were member lending institutions of the trust at the end of financial year 2022.
Leading banks under Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) in India during financial year 2023, by guarantees count
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Number of guarantees
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CGTMSE. (December 4, 2023). Leading banks under Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) in India during financial year 2023, by guarantees count [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1385525/india-leading-mlis-under-cgtmse-by-guarantees-count/
CGTMSE. "Leading banks under Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) in India during financial year 2023, by guarantees count." Chart. December 4, 2023. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1385525/india-leading-mlis-under-cgtmse-by-guarantees-count/
CGTMSE. (2023). Leading banks under Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) in India during financial year 2023, by guarantees count. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1385525/india-leading-mlis-under-cgtmse-by-guarantees-count/
CGTMSE. "Leading Banks under Credit Guarantee Fund Trust for Micro and Small Enterprises (Cgtmse) in India during Financial Year 2023, by Guarantees Count." Statista, Statista Inc., 4 Dec 2023, https://www.statista.com/statistics/1385525/india-leading-mlis-under-cgtmse-by-guarantees-count/
CGTMSE, Leading banks under Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) in India during financial year 2023, by guarantees count Statista, https://www.statista.com/statistics/1385525/india-leading-mlis-under-cgtmse-by-guarantees-count/ (last visited August 24, 2024)
Leading banks under Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) in India during financial year 2023, by guarantees count [Graph], CGTMSE, December 4, 2023. [Online]. Available: https://www.statista.com/statistics/1385525/india-leading-mlis-under-cgtmse-by-guarantees-count/