NSIC Collaborates with Private Banks to Support MSMEs
The National Small Industries Corporation (NSIC) has signed Memoranda of Understandings (MOUs) with several private sector banks to enhance credit accessibility for Micro, Small, and Medium Enterprises (MSMEs). This initiative, part of the MSME Credit facilitation program, aims to provide handholding support to MSMEs and connect them to the formal financial system, thereby expanding the banks' outreach to deserving enterprises.
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