ENA MSME 2023-11-17 15:55:53 <p><span style="font-size:14px"><strong>Hyderabad, Nov 17 (KNN)</strong> Small Industries Development Bank of India (SIDBI), has entered into a Memorandum of Understanding (MoU) with Technology Development Board (TDB) with an aim to ease access of credit to MSMEs which are attempting development and commercial application of indigenous technology or adapting imported technology for wider domestic applications.</span></p> <p><span style="font-size:14px">The MoU was exchanged by Rahul Priyadarshi, Chief General Manager, SIDBI and Rajesh Jain, Director, TDB.</span></p> <p><span style="font-size:14px">This pact is an arrangement for a joint initiative by TDB and SIDBI, to extend financial assistance to eligible MSMEs as per the terms &amp; conditions of TDB &amp; SIDBI.</span></p> <p><span style="font-size:14px">Speaking about the arrangement, Rahul Priyadarshi, Chief General Manager, SIDBI said, SIDBIs emphasis is on strengthening the MSME eco-system and realizing GoIs ideology of Make in India and making India Self-reliant.</span></p> <p><span style="font-size:14px">SIDBI and TDB will support MSMEs with respective core-competencies / expertise, with the common vision of financing MSMEs in India.</span></p> <p><span style="font-size:14px"><em><strong>(KNN Bureau)</strong></em></span></p> 35560 https://knnindia.co.in/news/newsdetails/msme/sidbi-tdb-join-hands-to-provide-msmes-easy-credit-access-for-indigenous-tech 2023-11-17 15:55:53 knnindia.co.in