In a unique endeavour to highlight the diverse issues and challenges of the MSME sector, the Confederation of Indian Industry, organised an interactive seminar on “MSME challenges and the way forward to raise funds” at Jacaranda Hall, India Habitat Centre.
SR Sharma, FGM, Punjab National Bank was one of the special invitees from banks to deliberate upon various bank schemes and products for funding of credit requirements of MSME sector.Sharma exhaustively highlighted the special initiatives taken by bank to design the products to suit the emerging needs of this sector and to deliver timely credit to the MSME entrepreneurs through as many as 38 newly created MSME service outlets in Delhi and NCR known as “MSME Growth Initiative branches.” These branches are expected to drive growth in this sector by exhibiting exemplary speed and decisiveness in the credit appraisal system.
Some eminent personalities from CII, Delhi State Council,Director Resurgent India, Director General, NIESBUD apart from other dignitaries, financial experts, banks and all other stake holders attended the seminar. The seminar was attended by around 200 delegates.