| State Bank
of India |
State Bank of India (SBI) is one of the oldest
institutions in the development of small-scale
industries in India, dating back to 1956.
The bank has financed directly 8 lacs SSI
units in the country through its 55 specialized
SSI branches, 99 branches in industrial estates
and more than 400 branches with SBI divisions.
Some of its schemes are: |
| |
| (a)
|
Liberalized
Scheme – Bank grants need-based
credit facilities to Small Scale Industrial
units, on liberal terms and conditions |
| |
|
| (b) |
Entrepreneur
Scheme – Provides financial
assistance to technically qualified
or trained and experienced Entrepreneurs
for setting up new viable industrial
projects under liberalized scheme |
| |
|
| (c) |
Equity
Fund Scheme – Bank extends
assistance to the entrepreneurs who
are not able to bring in the required
equity |
|
| |
| Credit Guarantee Fund Trust for
Small Industries |
| This scheme, devised by Government of India
and SIDBI, helps small-scale entrepreneurs
realise their dreams of making it big and
successful. CGTSI provides guarantee for such
collateral-free lending for loans of over
5 lakhs rupees and up to 25 lakhs rupees per
SSI borrower and takes care of 75% of the
credit risk. CGTSI guarantee is a better alternative
instrument than 100% collateral security. |
| |
The institutions eligible to operationalise
the scheme are:
- Scheduled Commercial Banks
- RRBs (Sustainable viable category)
- Those approved by the Ministry of SSI,
GoI
|
| |
CGTSI also envisages covering new high risk
areas such as:
- Technology / Business Incubation
Projects
- Grass root Innovations for Commercialisation
- Projects based on Energy-efficient
Technologies
- Projects based on Environmentally
Sound Technologies
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