In the financial year 2023, HDFC Bank Limited 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) with nearly 160 billion Indian rupees worth of approved guarantees in India. It was followed by Union Bank of India.
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 the financial year 2022.
Leading banks under Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) in India during financial year 2023, by guarantee value
(in billion Indian rupees)
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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 guarantee value (in billion Indian rupees) [Graph]. In Statista. Retrieved November 26, 2024, from https://www.statista.com/statistics/1385427/india-leading-mlis-under-cgtmse-by-guarantee-value/
CGTMSE. "Leading banks under Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) in India during financial year 2023, by guarantee value (in billion Indian rupees)." Chart. December 4, 2023. Statista. Accessed November 26, 2024. https://www.statista.com/statistics/1385427/india-leading-mlis-under-cgtmse-by-guarantee-value/
CGTMSE. (2023). Leading banks under Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) in India during financial year 2023, by guarantee value (in billion Indian rupees). Statista. Statista Inc.. Accessed: November 26, 2024. https://www.statista.com/statistics/1385427/india-leading-mlis-under-cgtmse-by-guarantee-value/
CGTMSE. "Leading Banks under Credit Guarantee Fund Trust for Micro and Small Enterprises (Cgtmse) in India during Financial Year 2023, by Guarantee Value (in Billion Indian Rupees)." Statista, Statista Inc., 4 Dec 2023, https://www.statista.com/statistics/1385427/india-leading-mlis-under-cgtmse-by-guarantee-value/
CGTMSE, Leading banks under Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) in India during financial year 2023, by guarantee value (in billion Indian rupees) Statista, https://www.statista.com/statistics/1385427/india-leading-mlis-under-cgtmse-by-guarantee-value/ (last visited November 26, 2024)
Leading banks under Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) in India during financial year 2023, by guarantee value (in billion Indian rupees) [Graph], CGTMSE, December 4, 2023. [Online]. Available: https://www.statista.com/statistics/1385427/india-leading-mlis-under-cgtmse-by-guarantee-value/