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Steps for Preferment of the CGTMSE Claim & Invocation of Guarantee

by Askbanking January 31, 2022 Bank Account QueriesLeave a comment

Know the various steps for Preferment of the CGTMSE Claim and Invocation of guarantee by Public Sector Banks and Lending Institutions – MSME loans are offered by various banks against the Guarantees by CGTMSE up to Rs 2,00,000,00, two crore for other than trade where the maximum limit for the guarantee coverage is Rs 1,00,000,00 […]

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CGTMSE To Cover Retail Trades & Collateral Loans also

by Askbanking March 15, 2018April 3, 2018 Banking News, Loans & AdvancesLeave a comment

CGTMSE Coverage extended to Retail Trade & Collateral Loans also – Now Retail Trades & partial collateral loans may be covered under Credit Guarantee Scheme of CGTMSE. A decision in this regard taken under “Rebooting CGTMSE” organized by Ministry of MSME and CGTMSE on February 20, 2018. Following modifications were recommended for implementation : Charging Annual […]