NSIC signs MoU with Mahila Bank

National Small Industries Corporation (NSIC) has entered into a Memorandum of Understanding (MOU) with Bharatiya Mahila Bank (BMB) for facilitating credit to MSMEs. The MOU was signed on 21st December 2015 making it a 32nd bank to enter into NSIC’s unique arrangement with banks under its Bank Tie Up Scheme. This alliance has further strengthened NSIC’s […]

National Small Industries Corporation (NSIC) has entered into a Memorandum of Understanding (MOU) with Bharatiya Mahila Bank (BMB) for facilitating credit to MSMEs.

The MOU was signed on 21st December 2015 making it a 32nd bank to enter into NSIC’s unique arrangement with banks under its Bank Tie Up Scheme. This alliance has further strengthened NSIC’s sustained endeavors towards catering to the financing needs of MSMEs particularly giving boost to women entrepreneurs. The MOU has been signed by Rajan Trehan General Manager (Finance) of NSIC and Ajit Kumar General Manager (BMB) in the presence of Ravindra Nath, CMD (NSIC) and Swathi S.M, Executive Director (BMB).

Source: NSIC Press Release