Impetus to Young Entrepreneurs in MSME

New Delhi, July 30, 2014 – In addition to the Prime Minister Employment Generation Programme targeting micro enterprises, the Credit Guarantee Fund Scheme for Micro and Small enterprises is the major scheme launched by the Government to give impetus to the young entrepreneurs in the micro and small scale industries. Under the scheme, credit is made available to micro and small enterprises for loans up to Rs. 100 lakh without collateral/ third party guarantees.

The scheme was launched in FY2000-01. The details of contribution made by the Government and Small Industries Development Bank of India (SIDBI) under the scheme, during each of the last three years and the current year are:

Rs. in crore

Since inception of the scheme till June 30, 2014, total 15, 47,323 numbers of proposals have been approved.

The cumulative guarantee provided under the scheme till June, 2014 is Rs. 76845.80 crore and the institution-wise details is:

Credit Guarantee Fund Trust for Micro and Small Enterprises
MLI-wise Guarantees Approved Amount as on June 30, 2014 (Cumulative)
SNo.	MLI	Approved Amount (in Rs. Lakh)
1	ALLAHABAD BANK	217457.12
2	ALLAHABAD UP GRAMIN BANK	5832.44
3	ANDHRA BANK	43309.76
4	ANDHRA PRADESH GRAMEENA VIKAS BANK	1418.04
5	ANDHRA PRADESH STATE FINANCIAL CORPORATION	1665.77
6	ANDHRA PRAGATHI GRAMEENA BANK	2081.79
7	ARYAVART GRAMIN BANK	8850.37
8	ASSAM GRAMIN VIKASH BANK	20313.09
9	AXIS BANK LIMITED	48279.28
10	BAITARANI GRAMYA BANK	7200.06
11	BALLIA ETAWAH GRAMIN BANK	117.31
12	BANGIYA GRAMIN VIKASH BANK	8651.84
13	BANK OF BARODA	424181.21
14	BANK OF INDIA	1053712.84
15	BANK OF MAHARASHTRA	167812.88
16	BARODA GUJARAT GRAMIN BANK	866.10
17	BARODA RAJASTHAN GRAMIN BANK	373.55
18	BARODA UTTAR PRADESH GRAMIN BANK	9180.51
19	BHARATIYA MAHILA BANK	233.59
20	BIHAR KSHETRIYA GRAMIN BANK	2906.28
21	CANARA BANK	485706.72
22	CAUVERY KALPATARU GRAMEENA BANK	223.08
23	CENTRAL BANK OF INDIA	332243.48
24	CHAITANYA GODAVARI GRAMMENA BANK	60.98
25	CHATTISGARH GRAMIN BANK	940.27
26	CHIKMAGALUR-KODAGU GRAMEENA BANK	70.24
27	CITY UNION BANK	9554.55
28	CORPORATION BANK	179355.33
29	DECCAN GRAMEENA BANK	245.57
30	DELHI FINANCIAL CORPORATION	1452.33
31	DENA BANK	77529.61
32	DENA GUJARAT GRAMIN BANK	343.00
33	DEUTSCHE BANK	83136.15
34	DURG RAJNANDGAON GRAMIN BANK	2201.55
35	EXPORT IMPORT BANK OF INDIA	253.00
36	GURGAON GRAMIN BANK	1525.52
37	HADOTI KSHETRIYA GRAMIN BANK	180.60
38	HARYANA GRAMIN BANK	671.81
39	HDFC BANK LIMITED	52637.16
40	HIMACHAL GRAMIN BANK	6144.44
41	ICICI BANK	3259.46
42	IDBI BANK LTD	54540.37
43	INDIAN BANK	46509.82
44	INDIAN OVERSEAS BANK	435328.83
45	INDUSIND BANK	60.88
46	ING VYSYA BANK LTD	2662.03
47	J & K GRAMEEN BANK	87.11
48	JAIPUR THAR GRAMIN BANK	292.67
49	JHARKHAND GRAMIN BANK	1857.09
50	KARNATAKA BANK LTD.	69371.25
51	KARNATAKA VIKAS GRAMEENA BANK	26348.97
52	KASHI GOMTI SAMYUT GRAMIN BANK	6108.13
53	KERALA FINANCIAL CORPORATION	2365.86
54	KOTAK MAHINDRA BANK	3516.55
55	KRISHNA GRAMEENA BANK	144.67
56	LAKSHMI VILAS BANK	282.88
57	LANGPI DEHANGI RURAL BANK	1196.34
58	MADHYA BHARAT GRAMIN BANK	73.77
59	MADHYA BIHAR GRAMIN BANK	3133.31
60	MGB GRAMIN BANK	158.02
61	MIZORAM RURAL BANK	1452.93
62	NAINITAL-ALMORA KSHETRIYA GRAMIN BANK	66.26
63	NARMADA MALWA GRAMIN BANK	240.40
64	NATIONAL SMALL INDUSTRIES CORPORATION LTD.	1458.57
65	NEELACHAL GRAMYA BANK	18921.19
66	NORTH EASTERN DEVELOPMENT FINANCE CORPORATION LTD.	239.30
67	NORTH MALABAR GRAMINA BANK	1004.22
68	ORIENTAL BANK OF COMMERCE	166818.34
69	PALLAVAN GRAMA BANK	55.84
70	PANDYAN GRAMA BANK	2173.72
71	PARVATIYA GRAMIN BANK	1814.16
72	PRAGATHI GRAMIN BANK	61.74
73	PRATHAMA BANK	10463.28
74	PUNJAB & SIND BANK	23507.32
75	PUNJAB NATIONAL BANK	592457.18
76	PURVANCHAL GRAMIN BANK	23702.35
77	RAJASTHAN GRAMIN BANK	517.01
78	RUSHIKULYA GRAMYA BANK	41.86
79	SAMASTIPUR KSHETRIYA GRAMIN BANK	964.07
80	SARVA UP GRAMIN BANK	3004.90
81	SATPURA NARMADA KSHETRIYA GRAMIN BANK	824.01
82	SAURASHTRA GRAMIN BANK	1282.52
83	SHARDA GRAMIN BANK	216.71
84	SHREYAS GRAMIN BANK	286.20
85	SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA	119509.89
86	SOUTH MALABAR GRAMIN BANK	26705.21
87	STANDARD CHARTERED BANK	24302.02
88	STATE BANK OF BIKANER & JAIPUR	47256.46
89	STATE BANK OF HYDERABAD	40982.70
90	STATE BANK OF INDIA	1412955.31
91	STATE BANK OF MYSORE	77504.75
92	STATE BANK OF PATIALA	95546.54
93	STATE BANK OF TRAVANCORE	85990.14
94	SURGUJA KSHETRIYA GRAMIN BANK	192.62
95	SUTLEJ GRAMIN BANK	7.00
96	SYNDICATE BANK	214542.41
97	TAMILNAD MERCANTILE BANK LTD	8802.36
98	THE DHANALAKSHMI BANK LIMITED	1170.59
99	THE FEDERAL BANK LTD	26256.34
100	THE JAMMU & KASHMIR BANK LTD	32551.77
101	THE KARUR VYSYA BANK LTD.	2277.41
102	THE NAINITAL BANK LTD.	3080.86
103	THE SOUTH INDIAN BANK LIMITED	1565.36
104	THE TAMILNADU INDUSTRIAL INVESTMENT CORPORATION LIMITED	5000.64
105	TRIPURA GRAMIN BANK	1149.74
106	TRIVENI KSHETRIYA GRAMIN BANK	45.35
107	UCO BANK	210163.78
108	UNION BANK OF INDIA	198392.72
109	UNITED BANK OF INDIA	191437.17
110	UTTAR BIHAR GRAMIN BANK	1154.83
111	UTTARANCHAL GRAMIN BANK	2784.51
112	UTTARBANGA KSHETRIYA GRAMIN BANK	1467.95
113	VANANCHAL GRAMIN BANK	7094.69
114	VIDHARBHA KSHETRIYA GRAMIN BANK	610.75
115	VIJAYA BANK	69302.91
116	VISVESHVARAYA GRAMEENA BANK	122.36
117	WAINGANGA KRISHNA GRAMIN BANK	3581.13
118	YES BANK LTD	3280.50
Total		7684580.08
N.B.: Actuals may vary due to intervening cancellations / modifications

The Ministry of Micro, Small and Medium Enterprises has fixed a target of Rs. 18,000 crore as amount to be approved with guarantee cover under Credit Guarantee Scheme in the year 2014-15.

The loan is provided without collateral/ third party guarantees.

This information was given by the Union Minister of Micro, Small and Medium Enterprises, Shri Kalraj Mishra in a written reply to a question in Lok Sabha here today.

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