National Credit Guarantee Trustee Company (NCGTC)

The National Credit Guarantee Trustee Company (NCGTC) is a government-owned organization that provides guarantees to lenders, primarily banks and financial institutions. Its main role is to support small and micro businesses by assuring lenders that a portion of their loans will be covered if borrowers default. This reduces the risk for lenders, encouraging them to extend credit to smaller enterprises that might otherwise struggle to get funding. NCGTC thus helps promote financial inclusion and economic growth by facilitating easier access to credit for underserved segments.