Question

Which of the following statements about Member Lending Institutions (MLIs) under CGTMSE’s Credit Guarantee Scheme–I (CGS‑

  • I is MOST accurate?
A All MLIs, including NBFCs and cooperative banks, are automatically eligible under CGS‑I.
B Only public sector banks and regional rural banks registered under CGS‑I can provide collateral‑free loans with guarantee cover.
C Any lending institution registered under CGS‑I, whether bank or NBFC, can be a Member Lending Institution.
D Only those MLIs registered under CGS‑I are eligible; NBFCs registered under CGS‑II or other schemes are excluded.
E MLIs not registered under CGS‑I can also offer guarantee cover under CGTMSE if they partner with a CGS‑I registered institution.
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