Chairman and Managing Director's Statement
The Bank would engage deeply with MSMEs to support the sector during these challenging times. The Bank’s vision and initiatives would always remain aligned with the national goals of empowering MSMEs and make them globally competitive.
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Shri Manoj Mittal Deputy Managing Director
Shri V Satya Venkata Rao Deputy Managing Director
Directors' report
The transformation strategy under its Vision 2.0 has started yielding encouraging results on operational as well as financial fronts. After a successful FY 2019, the Bank continued to achieve new milestones with an accelerated pace in this fiscal.
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Promotional & Developmental Initiatives
Sampark
signifying “connect with MSMEs and Entrepreneurs”
- Swavalamban Info Series
- Swavalamban Walls and Clubs
- Swavalamban Bazar+
- Udyam Sangyan (exposure visit)
- State Outreach Programme
Samwad
dialogue to strengthen relations among various stakeholders of the MSME Sector
- Thematic Metro Station at Hauz Khas
- Swavalamban Samwad
- Swavalamban Utsav
- Swavalamban Sankalp
Suraksha
to create an enabling environment for the growth of MSMEs
- Swavalamban Connect Kendras (SCKs)
- Swavalamban Silai Schools
- Co-Working Space
- Udyam Gyanshala (MDP at IIM Lucknow)
- Eu-Switch Asia Bamboo Project
Sampreshan
constructive engagement with policy makers & MSME entrepreneurs
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Strengthening our Support
MSMEs are vital drivers of economic growth and essential to building healthy and prosperous communities. Being the apex financial institution of the sector, the Bank is strengthening its support to the sector in terms of financing, promotion, development and effective coordination among stakeholders, with an aim to create robust underlying ecosystem in which MSMEs operate. The challenging times of COVID pandemic demand for more joined-up approach of the stakeholders to support the MSMEs