Ref. No. CGTMSE/03/ 489                                                              May 15, 2015


Member Lending Institutions of CGTMSE


Kind Attention: SME/Priority Sector Department


Circular No. 91/2015-16


Dear Sir,

Marking of correct NPA amount in CGTMSE portal.


            Consequent upon issue of circulars dated April 17, 2015 and April 28, 2015 on introduction of charging of ASF/AGF at differential rates and suspension of guarantees/detailed scrutiny of claims respectively, we have been receiving a number of enquiries from our MLIs with regard to their NPA levels.

The issue was discussed during the course of an interactive meeting of officials of major MLIs with officials of CGTMSE held at Mumbai on May 06, 2015; the meeting being chaired by the Chairman, CGTMSE. The bankers present, inter alia, made a strong pitch for the need for reconciliation of the NPA levels at the MLI's end with that obtaining at CGTMSE's end; prior to operationalising the above two circulars by the Trust, so that the determination of NPA levels was done on an objective basis.

Accordingly, suitable provision has been made in the CGTMSE portal at "Guarantee Maintenance>periodic information>update NPA outstanding amount as on March 31, 2015" to enable MLIs to update the outstanding amount as on March 31, 2015 in respect of NPA cases covered under Credit Guarantee Scheme. The MLIs are requested to update the field latest by June 30, 2015.  Please ensure that the fresh accounts turning NPAs during the quarter Jan - March, 2015 are also reported latest by June 30, 2015 and are duly captured in the above said outstanding amount.  In case no amount is indicated in this field, the Trust shall treat the outstanding dues as on the date of NPA as fed by MLI on the earlier occasion; as correct outstanding dues. 

Please bring the contents of the circular to the notice of all your offices. 

            Thanking you,

Yours faithfully,





                                                                                                      General Manager