Chennai, Aug. 12 -- Sundaram Finance Ltd (SFL) on Wednesday announced that it has been registered as a Member Lending Institution (MLI) under the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE), enabling eligible Micro and Small Enterprises (MSEs) to access Government credit guarantee-backed financing through SFL.
The association with CGTMSE will help expand formal credit access to deserving enterprises that have viable business opportunities but limited collateral, supporting business expansion, working capital requirements and employment generation.
Commenting on the development, Company MD Rajiv Lochan said "our purpose is rooted in creating enduring value by enabling the growth of businesses and communities. Throu...