What is credit guarantee funds for ssis and its features?



What is credit guarantee funds for ssis and its features?..

Answer / Diksa Kapoor

Credit Guarantee Fund Scheme for Micro and Small Enterprises (CGSMSME) is a government initiative in India aimed at providing collateral-free loans to micro and small enterprises. The scheme offers insurance coverage to banks against the risk of loan default, encouraging more lending to these sectors.

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