Page 17 - Cgtmse
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OVERVIEW   FINANCIAL STATEMENTS





            4.  Operations under all Guarantee Schemes


                  During FY 2022-23, under CGS – I a total of 10,50,313 guarantees were approved for an amount of
                  ₹85,522 crore as compared to approval of 5,30,808 guarantees for ₹42,463 crore in the previous
                  year. It may be seen that while the number of guarantees approved increased by about 98%, the
                  amount of approved guarantee has more than doubled during the FY. Cumulatively, as on March 31,
                  2023, a total of 60,20,176 accounts have been accorded guarantee approvals for ₹3,55,197 crore.

                  Total number of applications guaranteed under CGS–II during FY 2023 was 1,15,473 for an amount
                  of ₹19,260 crore. It may be seen that the amount of approved guarantee has increased by 40% as
                  compared to last year. Cumulatively, as on March 31, 2023, a total of 10,05,304 accounts have been
                  accorded guarantee approvals for ₹64,468 crore under CGS-II.

                  During FY 2022-23 guarantee coverage for 32 applications have been approved for an amount of
                  ₹9.55 crore under CGSSD. The scheme was in operation till March 31, 2023.
                  During FY 2022-23, a guarantee for 10,24,594 applications have been covered under PM SVANidhi
                  for an amount of ₹1,683 crore.

                  The year was watershed year for the Trust as it approved guarantee of more than ₹1 lakh crore for the
                  first time since its inception. The Trust approved guarantee of ₹1,04,781 crore during the year.

                  During FY 2022-23, for all the Schemes, a total of 21,90,412 guarantees were approved for an amount
                  of ₹1,06,474 crore. Cumulatively, as on March 31, 2023, a total of 1,10,83,693 accounts have been
                  accorded guarantee approvals for ₹4,24,596 crore by CGTMSE under all the guarantee schemes.


            5.  MLI-wise Coverage

                  During the period FY 2023, 10,50,313 number of guarantees were approved for ₹85,522 crore under
                  CGS– I and the top 10 Banks in terms of amount covered under CGS-I is given below.

                                                                                       % age of Guarantee amount
              Sr.           MLI NAME               No. of      Amount of Guarantees    to total guarantee amount
              No.                                Guarantees     Approved (in ` Crore)
                                                                                         approved under CGS-I
               1   HDFC BANK LIMITED                 28,817                  15,914.27                     19%
               2   UNION BANK OF INDIA              2,87,716                  8,991.88                     11%
               3   PUNJAB NATIONAL BANK             1,77,182                  8,809.03                     10%

               4   AXIS BANK LIMITED                 16,720                   7,777.09                      9%
               5   STATE BANK OF INDIA               40,860                   7,676.41                      9%
               6   BANK OF BARODA                   1,19,017                  6,995.69                      8%
               7   CANARA BANK                       37,166                   6,082.15                      7%

               8   CENTRAL BANK OF INDIA             26,370                   4,147.22                      5%
               9   BANK OF INDIA                     27,397                   3,541.21                      4%
              10   INDIAN BANK                       50,892                   2,493.25                      3%

                   TOTAL                           8,12,137                 72,428.18                      85%







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