HDFC Bank partners with NSIC to provide credit support to MSMEs
- HDFC Bank has signed a memorandum of understanding (MoU) with the National Small Industries Corporation (NSIC) for providing credit support to the micro, small and medium enterprise (MSME) sector.
- The branches of HDFC bank will extend support to the MSME projects in the areas they are located and to other important industrial sectors across the country.
- National Small Industries Corporation (NSIC), is an ISO 9001:2015 certified Government of India Enterprise under the Ministry of Micro, Small and Medium Enterprises (MSME).
Points to remember:
- HDFC Bank has partnered with _______ to provide credit support to MSMEs?
- Which bank has partnered with NSIC to provide credit support to MSMEs?
Source: business-standard