Chief Executive Officer, NCGTC
I am upbeat about NCGTC’s role as an enabler for enhancing flow of collateral free credit to deserving beneficiaries for inclusive growth.
National Credit Guarantee Trustee Company Limited (NCGTC) has established itself as a key stake holder in enhancing the credit flow to unserved and underserved sections of the economic pyramid in the country through guarantee support to the Member Lending Institutions.
As an umbrella organisation, NCGTC has been expanding and adding new schemes under its Management. With the successful implementation of new Credit Guarantee Scheme viz. Guarantee Fund for Corporate Debt (GFCD), the company has proved its capability and efficiency. The scheme would bring about stability in the debt market at times of market dislocation by ensuring liquidity in the system and thereby instill confidence amongst the participants. The context and design of the Scheme is innovative with concept of mutual guarantee built into it and interest shown by the participants indicates its acceptance amongst them.
While focusing on expansion, we at NCGTC have constantly been endeavouring to improve our systems and adopt best practices. During the year, your company was awarded with ISO 27001 certification from Alcumus ISOQAR implying adoption of highest standards of Information Security Management Systems in the Company. The B2B platform of the Company enables seamless issue of guarantees and claim settlement.
I am sure that the higher credit flow to the deserving and needy segments would enable the Government of India to achieve its objective of sustainable and inclusive growth and help in making India a vibrant and strong economy.
