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SIDBI aims to push development of Bihar and Jharkhand with credit-plus approach

Updated: Jan 10, 2023 10:43:27am
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SIDBI aims to push development of Bihar and Jharkhand with credit-plus approach

Patna, Jan 10 (KNN) With the setting up of a regional office (RO) in Patna, Small Industries Development Bank of India (SIDBI) envisions to aid the development of Bihar and Jharkhand through its credit-plus approach.

The financial institute intends to create stronger footprints for enterprise development at the grassroots level, creating employment and empowering entrepreneurs.

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To add value to their initiatives it will also work with the two state governments.

With the establishment of its regional RO in Patna, SIDBI has widen its outreach in the twin states of Bihar and Jharkhand.

SIDBI’s branch offices located in Patna, Ranchi and Jamshedpur in Jharkhand, will now come under the jurisdiction of the bank’s regional office.

Anubha Prasad has been appointed as the first regional head of SIDBI Patna.

Prasad, who took charge of the office on Monday, previously headed regional offices of the SIDBI in Chandigarh and New Delhi.  (KNN Bureau)

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