MAXIMUM amount of loan granted by a scheduled commercial bank that is covered under the Credit GUARANTEE Fund Scheme for Micro and Small Enterprises (CGTMSE).CGTMSE is a government initiative by the Ministry of Medium, Small and Micro Enterprises (MSME) and SIDBI, Small Industries Development Bank of India.Its aim is to PROVIDE credit guarantee to financial institutions PROVIDING loans to MSMEs.

"> MAXIMUM amount of loan granted by a scheduled commercial bank that is covered under the Credit GUARANTEE Fund Scheme for Micro and Small Enterprises (CGTMSE).CGTMSE is a government initiative by the Ministry of Medium, Small and Micro Enterprises (MSME) and SIDBI, Small Industries Development Bank of India.Its aim is to PROVIDE credit guarantee to financial institutions PROVIDING loans to MSMEs.

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As of October 2019, what is the maximum amount of loan granted by a scheduled commercial bank that is covered under the Credit Guarantee Fund Scheme for Micro and Small Enterprises?

Economics Government Schemes in Economics 10 months ago

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As of October 2019, ₹ 200 lakh is the MAXIMUM amount of loan granted by a scheduled commercial bank that is covered under the Credit GUARANTEE Fund Scheme for Micro and Small Enterprises (CGTMSE).CGTMSE is a government initiative by the Ministry of Medium, Small and Micro Enterprises (MSME) and SIDBI, Small Industries Development Bank of India.Its aim is to PROVIDE credit guarantee to financial institutions PROVIDING loans to MSMEs.

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Posted on 05 Nov 2024, this text provides information on Economics related to Government Schemes in Economics. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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