Latest News | PHDCCI Inks Pact with SIDBI to Facilitate Credit Schemes for MSMEs

Get latest articles and stories on Latest News at LatestLY. PHD Chamber of Commerce and Industry on Tuesday signed an agreement with Small Industries Development Bank of India to facilitate providing of various credit and other schemes of SIDBI to micro, small and medium enterprises in the country.

New Delhi, Feb 16 (PTI) PHD Chamber of Commerce and Industry on Tuesday signed an agreement with Small Industries Development Bank of India to facilitate providing of various credit and other schemes of SIDBI to micro, small and medium enterprises in the country.

SIDBI is an all India financial institution dedicated to providing term loans, working capital and venture funding assistance to MSMEs and PHD Chamber will help in connecting its members for availing all these products from SIDBI, a release stated.

"The MoU (Memorandum of Understanding) with SIDBI will help the members of PHD Chamber avail all the schemes of SIDBI with comparative ease and better terms," the release added.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)

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