guest ppt
guest ppt
guest ppt
Greetings from
About SIDBI
Established under an Act of the Parliament in 1990, SIDBI is the Principal Financial
Institution engaged in promotion, financing & development of the MSME sector and
coordination of the functions of the various institutions engaged in similar activities.
• Credit Guarantee Fund Trust for MSEs (CGTMSE) branded as UDAAN (set up in
2000), by Govt of India and SIDBI operates the Credit Guarantee Scheme (CGS)
for MSEs in respect of credit facilities up to Rs. 5 cr extended by member
lending institutions that are not backed / partially backed by collateral security
and / or third - party guarantees.
• Facilitating Collateral Free / Third Party Guarantee free loans to MSEs in
respect of credit facilities up to Rs. 5 cr.
• Encouraging financial inclusion through hassle free access to finance / credit.
• Create opportunities for MSEs for further economic development and obviates
the problem of MSEs to provide collaterals for loans.
• 75% to 85% extent of guarantee coverage. More than 100 MLIs.
1 Foundation for Innovation & Research in Science & Technology (FIRST)- IIT Kanpur
https://investorconnect.startupi
ndia.gov.in/for-startups/
.
rpshivam@Sidbi.in
9930181855
R Paramasivam
AGM Thank you
2nd Floor, Mayflower 'E'
Castle
72, Dr. Balasundaram Road,
Coimbatore - 641 018
SIDBI’S Role - MSMEs as Growth Engine for our Economy