Under the MoU, SIDBI and HDFC Bank Limited would work together to provide complete financial product & services to the customers under Micro, Small and Medium Enterprises (MSME). The MoU will facilitate providing complete financial solutions to MSMEs in a seamless manner.
Abhishek Deshmukh, Branch Banking Head – Maharashtra, said, “HDFC Bank is present in every district and over 280 talukas in the state. With the expansion plan, our presence will increase further, and it will also generate employment for over 3,000 people. HDFC Bank is committed to growth of Maharashtra and a testimony of the Bank’s commitment is that the Bank’s Credit to Deposit Ratio is over 100% in 29 districts of the state.”