KASSIA, SIDBI hold connectivity program on "Credit Guarantee Scheme for Subordinated Debt"

Bengaluru, Mar 3 (KNN) Karnataka Small Scale Industries Association (KASSIA) in association with Small Industries Development Bank of India (SIDBI) held a connectivity program on ''Credit Guarantee Scheme for Subordinated Debt''.

The event was launched by Sanjaya Jain SIDBI General Manager Hyderabad by lighting the lamp.

Speaking on the occasion, Sanjay Jain said, "This scheme has been opened in partnership with SIDBI and KASSIA for small and medium enterprises.''

''Under this scheme, 50 per cent of small and medium enterprises are being destroyed by the corporation's Maharomari.  KASSIA is constantly responding to this by saying that a helpline number will be opened,'' said KASSIA President Arasappa.

MSME Director Vinitha Priya, RBI Assistant Manager G Venkatesh, Sujatha AGM SLBC Karnataka, Gopinath Assistant Directors MSME-DI and Chandramouli SIDBI General Manager were also present.