Credit Guarantee Fund definition

Credit Guarantee Fund means the Credit Guarantee Fund established and maintained under Article 31 for purposes that include holding all amounts transferred to it by the Credit Guarantee Corporation, and for making payments in respect of credit guarantees issued by the Credit Guarantee Corporation; "Currency Union", or "ECCU" refers collectively to the territories of Anguilla, Antigua and Barbuda, The Commonwealth of Dominica, Grenada, Montserrat, Saint Xxxxxxxxxxx and Nevis, Saint Lucia and Saint Xxxxxxx and the Grenadines which use the Eastern Caribbean currency as their official currency;
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Credit Guarantee Fund means the Credit Guarantee Fund for FPOs created with NABARD and NCDC respectively under the Scheme with matching grant from DAC&FW for the purpose of extending guarantee to the eligible lending institution(s) against their collateral free lending to eligible FPOs;
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Credit Guarantee Fund means a financial back-up aimed at facilitating bank lending to businesses by mitigating the risk of non-repayment;
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Examples of Credit Guarantee Fund in a sentence

  • Subsequent to the enactment of MSMED Act-2006, the Trust was renamed as Credit Guarantee Fund Trust for Micro and Small Enterprises and scheme as Credit Guarantee Fund Scheme for Micro and Small Enterprises.

  • The Scheme shall be known as the Credit Guarantee Fund Scheme for Micro and Small Enterprises (CGS-I) [earlier known as Credit Guarantee Fund Scheme for Small Industries (CGFSI)].

  • These measures include launching Credit Guarantee Fund Scheme for Micro and Small Enterprises, issuing guideline to banks regarding collateral requirements and setting up a Micro Units Development and Refinance Agency (MUDRA).

  • This also includes loans and advances guaranteed by Export Credit & Guarantee Corporation Limited (ECGC), Credit Guarantee Fund Trust for Small Industries (CGTSI), Central Government and State Government.

  • These measures include launching Credit Guarantee Fund Scheme for MSMEs, issuing guideline to banks regarding collateral requirements and setting up a Micro Units Development and Refinance Agency (MUDRA).


More Definitions of Credit Guarantee Fund

Credit Guarantee Fund means the Credit Guarantee Fund for FPCs created by GOI with SFAC for the purpose of extending guaranteeto the eligible lending institution(s) against their collateral free lending to eligible FPCs;
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Credit Guarantee Fund means the special reserve fund to be established and maintained by the Seller pursuant to the provisions of Section 7.01 of this Agreement.
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Credit Guarantee Fund means the fund to be established by BOU, with an initial contribution from the Borrower of the Uganda Shillings equivalent to $1 million, in support of a credit guarantee scheme for loans of eligible banks and financial institutions to the small-scale enterprise sector;
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Credit Guarantee Fund means the fund administered by the Financial Manager and aimed at giving financial incentives to encourage the retirement of aged and polluting public transport vehicles in accordance with the provisions and procedures set
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Credit Guarantee Fund means funds referred to in paragraph 6 of Schedule 4 to this Agreement.
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Credit Guarantee Fund means the Credit Guarantee Fund created by State Government and administered by NKFL for the purpose of extending credit guarantee to the lending institutions for credit given to borrowers without any collateral or third party guarantee.
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Credit Guarantee Fund means the Credit Guarantee Fund for FPOs created
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