SIDBI steps-up measures to address COVID-induced challenges of MSMEs

  • This is part of SIDBI's host of developmental measures rolled out to commemorate the World MSME day on June 27 as a Developmental Week, the lender said in a release on Friday
  • SIDBI on Friday said it has entered into a memorandum of understanding (MoU) with Global Alliance for Mass Entrepreneurship to help MSMEs address COVID-19-induced challenges.

  • Under this, it will expand credit access, enhance formalisation, build competitive clusters and improve the legal framework for ease of doing business for the micro, small and medium enterprises (MSMEs).

https://www.livemint.com/news/india/sidbi-steps-up-measures-to-address-covid-induced-challenges-of-msmes-11625239773616.html