ENA MSME 2025-08-21 15:27:57 <p><span style="font-size:14px"><strong>New Delhi, Aug 21 (KNN)</strong> The State Bank of India (SBI), the countrys largest lender, inaugurated its Centre of Excellence (CoE) for Micro, Small and Medium Enterprises (MSMEs) at the State Bank Academy in Gurugram on Thursday. </span></p> <p><span style="font-size:14px">The initiative is aimed at strengthening the MSME ecosystem through capacity building, research, and collaboration with industry stakeholders.</span></p> <p><span style="font-size:14px">The Federation of Indian Micro and Small &amp; Medium Enterprises (FISME) serves as a key collaborating partner for this Centre of Excellence.</span></p> <p><span style="font-size:14px">The Centre will operate on a multi-stakeholder model, engaging with entrepreneurs, startups, industry associations, academic institutions, regulators, and policymakers to ensure its initiatives remain relevant to the evolving needs of the Indian economy.</span></p> <p><span style="font-size:14px">The centre was inaugurated by M. Nagaraju, Secretary, Department of Financial Services (DFS), in the presence of SBI Chairman C.S. Setty, Managing Director (Retail Banking &amp; Operations) Vinay M. Tonse, senior bank officials. </span></p> <p><span style="font-size:14px">In his inaugural address, Nagaraju underscored the significance of MSMEs in employment generation and rural development. </span></p> <p><span style="font-size:14px">He urged the CoE to position itself among the countrys leading MSME institutions by developing case studies, conducting research, and creating an accessible knowledge repository. </span></p> <p><span style="font-size:14px">He also stressed the need for engagement with entrepreneurs, fintechs, and startups to foster innovation.</span></p> <p><span style="font-size:14px">SBI Chairman Setty said the CoE would serve as a hub for knowledge-sharing and innovation, helping to design new SME products and processes that could benefit the wider banking industry.</span></p> <p><em><strong><span style="font-size:14px">(KNN Bureau)</span></strong></em></p> 43225 https://knnindia.co.in/news/newsdetails/msme/fisme-partners-with-sbis-centre-of-excellence-to-drive-capacity-building-research-industry-collaboration-for-msmes 2025-08-21 15:27:57 knnindia.co.in