The bank had taken insurance of the portfolio of Rs 20,800 crore under the Credit Guarantee Fund for Micro Units (CGFMU) scheme. The NCGTC has flagged that the loans were either evergreen or that the bank created fictitious accounts to obtain the maximum guarantee cover
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Chandra Shekhar Ghosh , Credit Guarantee Fund For Micro Units , Mc Explains Bandhan Bank , Bandhan Bank , National Credit Guarantee Trust Company , Guarantee Fund , Micro Units , Emergency Credit Line Guarantee Scheme ,
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