CGTSI/(44)/ 972

September 21,2007

All Member Lending Institutions of CGTSI

Circular No. 39 / 2007-08

Dear Sir/Madam,

Modifications in the Credit Guarantee Scheme

In terms of Circular No. 36 / 2007-2008 dated July 02, 2007, the coverage of the scheme has been extended to all new and existing Micro and Small Enterprises (both in the manufacturing sector as well as in the service sector). In this connection, in respect of Micro and Small Enterprises (in the service sector), you are advised to adhere to the RBI's guidelines on 'Lending to Priority Sector ' ie. include small road and water transport operators, small business, professional and self employed persons and all other service enterprises under the ambit of Micro and Small Enterprises but exclude retail trade. You are requested to advise your operating offices (Zonal / Branch Offices) accordingly in this regard.

Thanking you,


Yours faithfully,



Deputy General Manager