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Core Purpose

This notification modifies the Credit Guarantee Fund Scheme for Education Loans (CGFSEL) to reflect a revised list of eligible Regional Rural Banks (RRBs) following their reorganization.

Detailed Summary

The Ministry of Education (Department of Higher Education) issued a notification on 24th November, 2025, in continuation of previous notifications, specifically No.-18-1/2013-U.5(Vol.III) dated 16th September, 2015, which established the Credit Guarantee Fund Scheme for Education Loans (CGFSEL), and a subsequent modification by the Ministry of Education dated 18th April, 2023, for the inclusion of Regional Rural Banks (RRBs) as member lending institutions. This current notification modifies the CGFSEL Scheme due to the reorganization of Regional Rural Banks (RRBs) undertaken by the Government of India, Ministry of Finance, as per Notification No. 7/6/2024(1)-RRB dated 5th April, 2025, published in Gazette of India, Extraordinary, Part II, Section 3-Sub-Section (ii). This reorganization involved the merger of certain RRBs and the constitution of new entities. Consequently, the CGFSEL Scheme is modified to reflect a revised list of 28 eligible Regional Rural Banks: Andhra Pradesh Grameena Bank, Arunachal Pradesh Rural Bank, Assam Gramin Bank, Bihar Gramin Bank, Chhattisgarh Gramin Bank, Gujarat Gramin Bank, Haryana Gramin Bank, Himachal Pradesh Gramin Bank, Jammu and Kashmir Grameen Bank, Jharkhand Gramin Bank, Karnataka Grameena Bank, Kerala Grameena Bank, Madhya Pradesh Gramin Bank, Maharashtra Gramin Bank, Manipur Rural Bank, Meghalaya Rural Bank, Mizoram Rural Bank, Nagaland Rural Bank, Odisha Grameen Bank, Puducherry Grama Bank, Punjab Gramin Bank, Rajasthan Gramin Bank, Tamil Nadu Grama Bank, Telangana Grameena Bank, Tripura Gramin Bank, Uttar Pradesh Gramin Bank, Uttarakhand Gramin Bank, and West Bengal Gramin Bank, which shall henceforth be eligible institutions under the scheme.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-29112025-268059 EXTRAORDINARY PART I—Section 1 PUBLISHED BY AUTHORITY No. 352] NEW DELHI, TUESDAY, NOVEMBER 25, 2025/ AGRAHAYANA 4, 1947 MINISTRY OF EDUCATION (Department of Higher Education) NOTIFICATION New Delhi, the 24th November, 2025 F. No. 18-2/2022CGFSEL.—This is in continuation of notification of Government of India, Ministry of Education, No.-18-1/2013-U.5(Vol.III) dated 16th September, 2015 published in Gazette of India, Extraordinary, Part-I, Section I for notification of Credit Guarantee Fund Scheme for Education Loans (CGFSEL), and subsequent modification vide Government of India, Ministry of Education Notification dated 18th April, 2023 published in Gazette of India, Extraordinary, Part-I, Section I for notification of inclusion of Regional Rural Banks (RRBs) as member lending Institutions (MLIs). 2. Pursuant to the reorganization of Regional Rural Banks (RRBs) undertaken by the Government of India, Ministry of Finance vide Notification No. 7/6/2024(1)-RRB dated 5th April, 2025 published in Gazette of India, Extraordinary, Part II, Section 3-Sub-Section (ii) whereby certain RRBs have been merged and new entities have been constituted, the CGFSEL Scheme shall stand modified accordingly to reflect the revised list of participating RRBs. The following Regional Rural Banks (RRBs) shall henceforth be eligible institutions under the Credit Guarantee Fund Scheme for Education Loans (CGFSEL): 1. Andhra Pradesh Grameena Bank, 2. Arunachal Pradesh Rural Bank 3. Assam Gramin Bank 4. Bihar Gramin Bank 5. Chhattisgarh Gramin Bank 6. Gujarat Gramin Bank 7. Haryana Gramin Bank 8. Himachal Pradesh Gramin Bank 9. Jammu and Kashmir Grameen Bank 10. Jharkhand Gramin Bank 11. Karnataka Grameena Bank 12. Kerala Grameena Bank 13. Madhya Pradesh Gramin Bank 14. Maharashtra Gramin Bank 15. Manipur Rural Bank 16. Meghalaya Rural Bank 17. Mizoram Rural Bank 18. Nagaland Rural Bank 19. Odisha Grameen Bank 20. Puducherry Grama Bank 21. Punjab Gramin Bank 22. Rajasthan Gramin Bank 23. Tamil Nadu Grama Bank 24. Telangana Grameena Bank 25. Tripura Gramin Bank 26. Uttar Pradesh Gramin Bank 27. Uttarakhand Gramin Bank 28. West Bengal Gramin Bank PURNENDU KISHORE BANERJEE, Jt. Secy.

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