Jubilee News Desk Small Industries Development Bank of India (SIDBI) inaugurated its new branch in Kaushambi, Ghaziabad by Sh. Rahul Priyadarshi, Chief General Manager, SIDBI. During the occasion, Sh. Rahul Priyadarshi said that SIDBI has been committed for the last 34 years for the upliftment of MSME units and will …
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SIDBI and IPPB enter into MoU for development of informal micro enterprises
Jubilee News Desk Lucknow : India Post Payments Bank (IPPB) and the Small Industries Development Bank of India (SIDBI) entered into a strategic partnership to promote extension of formal financial services and other support services to MSMEs, especially enterprises in rural and remote areas of the country. Shri Sivasubramanian Ramann, …
Read More »Why MSME Lenders need to go for new products
Anand Prakash Srivastava Importance of product innovation in manufacturing or service sector enterprises cannot be understated. When it comes to banking sector, it is all the more significant, especially when dealing with MSMEs. In my last article, we had discussed “how” banks and NBFCs can design new products well for …
Read More »Union Bank of India enters MOU with NSIC
News Desk Union Bank of India has entered into MOU with The National Small Industries Corporation Ltd (NSIC) under “NSIC Bank Credit Facilitation Scheme” to support MSMEs with credit requirements. Under the arrangement the MSME Unit can approach directly to any of NSIC branch offices which are also operating as …
Read More »PNB Welcomed RBI Monetary Policy Announcements
Special Desk Lucknow Punjab National Bank MD and CEO CH. S.S Mallikarjuna Rao has Welcomed RBI Monetary Policy Announcements. In a statement he said that RBI has come out with a timely and proactive set of announcements for all stakeholders, including individuals, small businesses, and MSMEs, to mitigate the incipient …
Read More »World Bank to help Indian MSMEs
News Desk Business that are reeling under pressure since the COVID-19 pandemic hit the country can have some hope with the world bank decision to help them. The loss of skill labour and also slump in demand even after the lockdown opened kept the sector thinking about reforms and way …
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