The Full Form of CGFMU is Credit Guarantee Fund for Micro Units.
“Fund” means the Credit Guarantee Fund for Micro Units (CGFMU) set up by Government of India with the purpose of guaranteeing payment against default in micro loans extended to eligible borrowers by Banks/NBFCs/MFIs/Other financial intermediaries, managed by the Board of NCGTC as the trustee of the Fund.
CGFMU
means
Credit Guarantee Fund for Micro Units
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