Guarantee Scheme for Corporate Debt
On 26th July, 2023, the Central Government approved the ‘Guarantee Scheme for Corporate Debt’ (GSCD) for providing a guarantee cover against debt raised or to be raised by the Corporate Debt Market Development Fund (CDMDF).
About Guarantee Scheme for Corporate Debt (GSCD)
Management
- The Trust/Fund managing the scheme is named “Guarantee Fund for Corporate Debt” (GFCD).
- GFCD is a Trust Fund formed by the Department of Economic Affairs (DEA), Ministry of Finance, Government of India, and will be managed by the National Credit Guarantee Trustee Company Ltd. (NCGTC).
Purpose
- The scheme aims to provide 100% guarantee cover ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Already a Member? Login here
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material since 2018 of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Economy Watch
- 1 India Lists First Mortgage-Backed Pass Through Certificates on NSE
- 2 Bond Forward in G-Secs
- 3 4th Phase of Consolidation of Regional Rural Banks
- 4 SIDBI’s Report on MSME Sector
- 5 Pradhan Mantri Formalisation of Micro Food Processing Enterprises Scheme
- 6 RBI’s Surplus Transfer: A Catalyst for India’s Economic Growth
- 7 RBI’s Digital Lending Directions 2025
- 8 RBI Recognises FIMMDA as SRO
- 9 MSP for Jute
- 10 Expansion of the Credit Guarantee Scheme for Startups
