💨 Abstract

The Small Industries Development Bank of India (SIDBI) and Tata Capital Limited (TCL) have signed an MoU to collaborate in financing Micro, Small and Medium Enterprises (MSMEs). The focus is on various funding avenues, including machinery/equipment financing, working capital loans, and loans against property. Risk sharing, co-lending, and joint financing methods may also be used to extend credit facilities to MSMEs.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖