NSIC signed MOU with Kotak Mahindra Bank

NSIC signed MOU with Kotak Mahindra Bank
Monday, October 27, 2014
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Dear all,

 Your association is pleased to inform you that National Small Industries Corporation (NSIC) has signed a MOU with Kotak Mahindra Bank for Financing Credit to MSMEs under its bank tie up Scheme.

All India MSMEs Association (AIMA) has shared the information with SIMA, the copy of the information is attached herewith.

NSIC has entered into this MOU agreement with Kotak Mahindra Bank to strengthen and facilitate credit for development of MSMEs in the country. This agreement not only aims to support MSMEs to make their credit needs but also encourages them for being rated under performance and credit rating scheme in order to combat emerging global challenges.

This is very vital step initiated by NSIC in the interest of MSMEs sector.

Thanking you,

With regards,

For Silvassa Industries & Manufacturers Association

Narendra Trivedi


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