Hotline: 1800 102 2007
Hotline: 1800 102 2007
Search Business Opportunities
2012-12-21

SIDBI signs MoUs with banks to increase cash flow to MSMEs

Small Industries Development Bank of India (SIDBI) while extending the credit support to the MSME sector on Thursday signed memorandums of understanding (MoUs) with eight regional rural banks (RRBs) and urban co-operative banks (UCBs) in West Bengal, east

Small Industries Development Bank of India (SIDBI) while extending the credit support to the MSME sector on Thursday signed memorandums of understanding (MoUs) with eight regional rural banks (RRBs) and urban co-operative banks (UCBs) in West Bengal, eastern and north eastern India.

"These MoUs are for increasing credit flow to the 'missing middle' - micro, small and medium enterprises (MSMEs) in the region. SIDBI is also extending capacity building support for handling micro enterprise loans of MSMEs in West Bengal, Eastern and North Eastern India," a release said.

These MoUs will enhance the reach of micro enterprises to access credit from formal financial institutions.

The bank had last month signed MoUs with RRBs and UCBs for increasing credit flow to small enterprises in the state of Rajasthan.

Related opportunities
  • Others Food Service
    About : Everyday Anday was founded by Ms. Rashmi Joshi, with..
    Locations looking for expansion Maharashtra
    Establishment year 2016
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 450
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Other Vocational Training
    About Us: Kadambari Sangeet Mahavidyalaya is the complete school of music..
    Locations looking for expansion Uttar pradesh
    Establishment year 2010
    Franchising Launch Date 2013
    Investment size Rs. 20lac - 30lac
    Space required 2000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Ghaziabad Uttar pradesh
  • Women's Clothing
    About Us: Vasvi is a Brand of Pyramid exports which were..
    Locations looking for expansion Rajsthan
    Establishment year 2018
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Jaipur Rajsthan
  • Quick Service Restaurants
    About: Burger Singh is into business of Fast Food Burger Chain..
    Locations looking for expansion New Delhi
    Establishment year 2014
    Franchising Launch Date 2016
    Investment size Rs. 20lac - 30lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater South Delhi New Delhi
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts