With a view to creating greater awareness about Credit Guarantee Scheme (CGS), several new initiatives have been taken by CGTMSE during the past one year. These measures have resulted in improving to some extent the visibility of the Credit Guarantee Scheme among existing and potential entrepreneurs in the Micro and Small Enterprises (MSE) sector as well as the general public.
In order to further enhance the visibility of the Scheme, MLIs are requested to kindly indicate in the name boards of the enterprises / hypothecation display boards / suitable stickers that the enterprise / vehicle / equipment etc. has been financed by your bank and guaranteed by CGTMSE under Credit Guarantee Scheme in respect of all cases covered under CGS, wherever feasible.
We are hopeful that these small measures will go a long way in creating greater awareness of the CGS and larger number of MSE enterprises would benefit from collateral-free credit in due course. We look forward to your kind cooperation in this regard.