The Bank has been assigned the nodal agency role by the GoI for implementing various Government subsidy schemes, namely, CLCSS, TUFS, IDLSS, FPTUFS and TEQUP.

Interest subvention Scheme (ISS) for Incremental Credit to MSMEs – 2018
  • As on March 31, 2021, ₹975 crore has been released to 62 eligible lending institutions, benefiting 22.71 lakh MSMEs of which 18.94% are women-led.
Interest Subvention Scheme for Mudra – Shishu Loans
  • Total budget under the scheme is ₹1,542 crore.
  • Settled aggregate claims of ₹379.39 crore from 92 MLIs, benefiting 3.26 crore Shishu borrowers as on March 31, 2021.
Extended Partial Credit Guarantee Scheme (PCGS 2.0)
  • To address temporary liquidity/cash flow mismatches of otherwise solvent NBFCs/HFCs/MFIs.
  • As on March 31, 2021, 59 proposals aggregating ₹13,760.38 crore recommended to DFS under pooled assets.
  • As on December 31, 2020, PSBs have reported proposals worth ₹22,217 crore of Portfolio Guarantee purchased/ to be purchased from NBFCs/ HFCs/ MFIs.
PMSVANidhi Scheme
  • To facilitate collateral-free WCTL of up to ₹10,000 each to street vendors.
  • Launched the portal and the mobile app for application sourcing under the scheme.
Animal Husbandry Infrastructure Development Fund (AHIDF) scheme
  • ₹15,000 crore fund to incentivise investments.
  • Bank is the implementing partner for the scheme.
  • During FY 2021, an amount of ₹660 crore sanctioned by scheduled banks.
  • Released interest subvention of ₹12.74 crore.
Micro and Small Enterprises-Cluster Development Programme (MSE-CDP)
  • During FY 2021, 38 MSE-CDP proposals have been appraised, with a project cost of ₹441.85 crore and a grant-in-aid amount of ₹291.28 crore.