The MoU was formally signed recently, by Mr. Sanjay Rautela, Chief General Manager, NSIC, and Mr. Chandra Shekhar Arya, General Manager – Priority Sector, IDBI Bank, at the bank’s Head Office in Mumbai.

The signing ceremony was held in the presence of Dr. Subhransu Acharya, CMD, NSIC, and Shri Gaurav Gulati, Director (Finance), NSIC, along with senior officials from both organizations.

Through this partnership, IDBI Bank will provide credit support to MSME projects at various locations across India, including key industrial hubs and clusters where its

branches operate. This collaboration aims to streamline the credit facilitation process and serve as a platform for referring MSME clients interested in availing of IDBI Bank’s loan products.

The MoU marks a significant step in strengthening the MSME ecosystem by ensuring timely financial support to enterprises, thereby fostering entrepreneurship and economic growth.

The post NSIC Signs MoU with IDBI Bank to Boost Credit Support for MSMEs appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.

2. NEW DELHI . Government mulls easier lending norms for new coal-fired power plants; Times of India
https://timesofindia.indiatimes.com/business/india-business/government-mulls-easier-lending-norms-for-new-coal-fired-power-plants/articleshow/105393724.cms
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3. NEW DELHI . PEDA signs a pact with GAIL to set up 10 compressed biogas projects in Punjab. The Week

4. NEW DELHI . EESL in collaboration with the Global Green Growth Institute (GGGI), an international inter-governmental organisation, has announced the launch of the ALCBT project in the country. Business Standard

5. NEW DELHI. Govt may introduce law against deep fakes, misinformation: MoS; Hindustan Times

6 .NEW DELHI . Govt cancels bid for appointing asset valuer for IDBI Bank, fresh RFP to be issued; Indian Express
https://indianexpress.com/article/business/govt-cancels-bid-for-appointing-asset-valuer-for-idbi-bank-fresh-rfp-to-be-issued-9036500/

7 CHENNAI. . Jindal Power scraps plan to bid for bankrupt Go First

8 . NEW DELHI . Air India plane en route to New York suffers technical issue, returns to Mumbai

9. NEW DELHI . Revisit pension calculation formula under EPS-95, says former officers’ body. The Hindu
https://www.thehindu.com/news/national/tamil-nadu/revisit-pension-calculation-formula-under-eps-95-says-former-officers-body/article67544909.ece

10. NEW DELHI . Indian airlines are turning to local suppliers for non-critical aircraft components, industry insiders said.
https://www.livemint.com/companies/news/indigo-air-india-to-source-parts-locally-11700588057917.html

11. NEW DELHI . The vacancies in Lokpal and CIC will be filled up in the course of time; Jitendra Singh said ET
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12. NEW DELHI . Former Union Home Secretary S Lakshmi Narayanan donates his entire life’s savings including immovable properties to Ayodhya Ram Mandir Trust.

13. NEW DELHI . BHEL has won EEPC’s ‘Special Trophy for Excellence in Export of Engineering Services in Large Enterprise’ category.

The post NEWS MANTRA UPDATES November 22, 2023 appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.