Chennai, August 18, 2026: Sundaram Finance Ltd. 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 avail themselves of financing backed by the government’s credit guarantee scheme.
The association is expected to strengthen access to formal credit for MSEs with viable business prospects but limited collateral. The facility will support their requirements for business expansion and working capital, while also helping create employment opportunities.
Commenting on the development, Rajiv Lochan, Managing Director, Sundaram Finance Ltd., said the company has, over the past 72 years, remained committed to supporting the growth and prosperity of India’s small businesses.
He said the partnership with CGTMSE would further Sundaram Finance’s efforts to promote responsible and inclusive financing, particularly for underserved micro and small enterprises. The initiative, he added, would help businesses unlock new opportunities, strengthen their resilience and contribute to India’s economic growth and the vision of a Viksit Bharat.
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