For joint financing of projects to MSMEs
AU Small Finance Bank has signed a Memorandum of Understanding (MOU) with Small Industries Development Bank of India (SIDBI) to provide an impetus to funding MSMEs.Under 'AU SIDBI Joint Financing Programme', both the financial institution have decided to work together in the areas of joint financing of projects relating to MSMEs in manufacturing and service sectors.
This MOU shall strengthen effort in addressing the gaps in the MSME eco system.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
