Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    SIDBI joins hands with TDB to support MSMEs

    December 1, 2023

    Quickwork raises $2.5 mn in funding round led by DMI Sparkle Fund to democratise enterprise automation

    November 21, 2023

    Radiant Cash Management Services announces foray into fintech with the acquisition of Acemoney

    November 21, 2023
    Facebook Twitter Instagram
    BFSINXT
    Twitter YouTube LinkedIn
    • Banking
      • SME /Wholesale Banking
      • Retail
      • HR
        • Wholesale
      • Rural & Agri
    • NBFC
      • Customer Experience
      • Retail
      • Digital
    • Insurance
      • Life
      • General
      • InsurTech
    • Fintech
      • Payments
      • Lending
      • Wealth/PF
      • Neo-Banking
    • Policy
      • RBI
      • IRDAI
      • SEBI
      • Government
    • Financial Services
      • Securities
      • AMC
    • About us
      • Editorial Team
      • Our Advisory Panel
      • Get In Touch
    BFSINXT
    Home » HDFC Bank ties-up with NSIC to offer credit to MSMEs
    Banking

    HDFC Bank ties-up with NSIC to offer credit to MSMEs

    September 19, 2021Updated:September 22, 20211 Min ReadBy Chief Editor
    Twitter LinkedIn WhatsApp

    Strap: The private lender has signed an MoU with NSIC to push credit to MSMEs

    Copy: India’s largest private sector bank, HDFC Bank has tied-up with National Small Industries Corporation (NSIC) by signing a Memorandum of Understanding (MoU) to offer credit support to MSMEs across India, the bank said in a release.

    HDFC Bank will provide schemes to MSMEs to enhance their competitiveness. HDFC Bank branches will enable delivery of credit to MSME projects in the respective branch areas where they are located or industrial sectors across the country, it added.

    The bank will accept loan applications forwarded by NSIC and consider sanctioning loans on merit basis and as per lending norms of the bank, the bank said.

    Rahul Shukla, Group Head – Commercial and Rural Banking, HDFC Bank said in a release, “We believe this partnership with NSIC will help expedite the MSME sector growth which is the backbone of the country both in terms of economic development and job creation.”

    Previous ArticleFisdom forays into tech-led HNI Wealth space; appoints Abhijit Bhave as the CEO of Fisdom Private Wealth
    Next Article Liberty General Insurance launches Liberty365
    Chief Editor

    Related Posts

    SIDBI joins hands with TDB to support MSMEs

    December 1, 2023

    Zype expects to increase its loan book size to 500 Cr within the next 12 months

    November 2, 2023

    Jana Small Finance Bank and Manipal Academy of BFSI together launched ‘Aspiring Bankers Program’

    November 2, 2023

    RBI announces names of third cohort on MSME lending

    October 30, 2023

    Leave A Reply Cancel Reply

    Recent Posts

    • SIDBI joins hands with TDB to support MSMEs
    • Quickwork raises $2.5 mn in funding round led by DMI Sparkle Fund to democratise enterprise automation
    • Radiant Cash Management Services announces foray into fintech with the acquisition of Acemoney
    • PhonePe crosses 500 million lifetime registered users, rejigs top brass
    • Zurich Insurance to acquire 51% stake in Kotak General Insurance for ₹4,051 crore

    Recent Comments

    No comments to show.
    Demo
    NBFC's

    SIDBI and GAME launch NGAP – accelerator for small NBFCs

    October 19, 2023

    Manappuram Finance inks MoU with JCB India

    October 16, 2023

    Satin Creditcare appoints Bhuvnesh Khanna as President of Satin Finserv Limited

    July 25, 2023

    Shriram Housing Finance Ties up with DocOnline to Offer Healthcare Benefits to Customers

    July 25, 2023
    New Policy
    Policy

    Reserve Bank of India opens Sub-office in Itanagar, Arunachal Pradesh

    October 23, 20230By Bfsinxt Desk

    On October 20, 2023, Dr. Michael Debabrata Patra, Deputy Governor, Reserve Bank of India (RBI), inaugurated…

    GSTN gets included as a Financial Information Provider under Account Aggregator Framework

    November 23, 2022

    RBI to run Nation-wide Finanical Services Awareness Programme in November 2022

    November 3, 2022

    RBI to soon operationalise CBDC Wholesale (e₹-W) Pilot

    November 1, 2022
    • Twitter
    • YouTube

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    BFSINXT
    Twitter YouTube LinkedIn
    © 2023 bfsinxt.com.

    Type above and press Enter to search. Press Esc to cancel.