NSIC renewed MoU with Kotak Mahindra Bank

The renewal of MOU has been a sustained joint endeavour by NSIC and Bank both to handhold the MSMEs in meeting their credit needs. 

NSIC renewed MoU with Kotak Mahindra Bank

New Delhi: National Small Industries Corporation Ltd.-NSIC has renewed its MOU with Kotak Mahindra Bank on 22nd June 2021 under Bank Tie-up Scheme, marking it as the beginning of its second innings under tie-up arrangement with banks to help MSMEs with a credit facility.

 

The renewal of MOU has been a sustained joint endeavour by NSIC and Bank both to handhold the MSMEs in meeting their credit needs. 

 

The agreement was signed by Sh. P.R Kumar, CGM, NSIC, and Sh. Akhil Jain, Senior Vice President, Kotak Mahindra Bank in the presence of Sh. G. Dixit, Director (Finance). Also present on this occasion Ms. Himani Shali, Chief Manager (Bank Tie Up) from NSIC and Sh. Lalit Kumar, Associate Vice President, Kotak Mahindra Bank.

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