UTTAR PRADESH :

Lucknow :

The Small Industries Development Bank of India (SIDBI) commemorated its foundation day as day of  Sampark (connect), Samwad (interaction), Suraksha (security) and Sampreshan (dissemination).

The bank’s chairman and managing director Mohammad Mustafa launched a series of initiatives from Lucknow headquarters. “The occasion is an opportunity to look within and reinvent our strategy for course correction and development,” he said.

While flagging off the bank’s MSME contact programme, he called upon bank’s officers to use the day long stay at MSMEs to come closer in understanding their opportunities, challenges and the eco system to comprehend what can be done to ease the way they do business. This is what SIDBI has been created for and learning with footprints at field level is the true spirit of the organisation, he said.

A new step forward in commencing Bancassurance services for MSMEs was also taken.

An MoU was signed with New India Assurance and two MSMEs were issued insurance policies.

While launching the revamped SIDBI website (www.sidbi.in) on the occasion the CMD mentioned that it is an attempt to reimagine the site to reflect the new vibrant face of SIDBI aiming to transform the MSE ecosystem.

Besides providing crisp and precise information about the various strategic interventions made by SIDBI, it exhibits potential for the MSE aspirants through its other offerings in the form of a “Contactless Loan Platform” likely to be introduced on the website shortly.

source: http://www.dailypioneer.com / The Pioneer / PNS, Dehradun / April 04th, 2018