National Small Industries Corporation signed MoU with IndusInd Bank

May 3, 2011, 09:11 IST

Corporate/Business Current Affairs 2011. NSIC signed a MoU with IndusInd Bank under its Bank Credit Facilitation Scheme

The National Small Industries Corporation (NSIC) towards the end of April 2011signed a memorandum of understanding with IndusInd Bank thereby adding another bank under its Bank Credit Facilitation Scheme.


The alliance will further strengthen NSIC's endeavours towards catering to the financial needs of micro, small and medium enterprises (MSMEs). Also the alliance is likely to offer an opportunity to the MSMEs to switch over from their existing banks to IndusInd Bank depending upon their credit needs.


The MoU was signed by NSIC Director (Finance) Ravindra Nath and IndusInd Bank Assistant Vice-President J.S. Tuteja.

Jagranjosh
Jagranjosh

Education Desk

Your career begins here! At Jagranjosh.com, our vision is to enable the youth to make informed life decisions, and our mission is to create credible and actionable content that answers questions or solves problems for India’s share of Next Billion Users. As India’s leading education and career guidance platform, we connect the dots for students, guiding them through every step of their journey—from excelling in school exams, board exams, and entrance tests to securing competitive jobs and building essential skills for their profession. With our deep expertise in exams and education, along with accurate information, expert insights, and interactive tools, we bridge the gap between education and opportunity, empowering students to confidently achieve their goals.

... Read More
Get here latest daily, weekly and monthly Current Affairs and GK in English and Hindi for UPSC, SSC, Banking, Railway, Defence and exams. Download Jagran Josh Current Affairs App.

Take Weekly Tests on app for exam prep and compete with others. Download Current Affairs and GK app

AndroidIOS

Trending

Latest Education News