Categories: Agreements

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 in and to other important industrial sectors across the country. Under this, the country’s largest private sector bank will also provide MSMEs with a set of specially-tailored schemes to enhance their competitiveness.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

About the National Small Industries Corporation:

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).

Important takeaways for all competitive exams:

- Headquarters of HDFC Bank: Mumbai, Maharashtra;
- MD and CEO of HDFC Bank: Sashidhar Jagdishan;
- The tagline of HDFC Bank: We understand your world.

Find More News Related to Agreements

Sumit Arora

As a team lead and current affairs writer at Adda247, my role involves researching and creating informative and engaging content aimed at helping candidates prepare for national and state-level competitive government exams. I specialize in delivering insightful articles that keep aspirants updated on the latest current affairs trends and developments. My primary focus is on educational excellence, ensuring that our readers are well-prepared and informed to face their exams with confidence. Through meticulously crafted content, I aim to guide and support candidates in their journey toward success.