ENA State 2023-11-30 17:07:59 <p><span style="font-size:14px"><strong>New Delhi, Nov 30 (KNN)</strong> The Small Industries Development Bank of India (SIDBI) inks MoU with Andhra Pradesh Industrial Infrastructure Corporation (APIIC) to improve institutional credit linkage to MSMEs.</span></p> <p><span style="font-size:14px">The MoU will improve institutional credit linkage to MSMEs in the State, especially those who have set up their units in APIIC Industrial Parks. </span></p> <p><span style="font-size:14px">Signing the MoU, APIIC Vice-Chairman &amp; Managing Director Pravin Kumar said that the tie-up would strengthen the financial support system for the MSMEs by facilitating credit arrangements and their smooth delivery. </span></p> <p><span style="font-size:14px">SIDBI General Manager Himanshu Asthana said that the pact with the APIIC would help ensure delivery of better financial services to the clients. </span></p> <p><span style="font-size:14px">Mohammad Zaidi, Associate Director of GT Bharat LLP, under whose guidance the MoU was drafted, APIIC CGM (finance) S.V. Subba Reddy, General Manager N.M.D. Afsar, SIDBI DGM P. Rajendra Prasad and others were present.</span></p> <p><span style="font-size:14px"><em><strong>(KNN Bureau)</strong></em></span></p> 35720 https://knnindia.co.in/news/newsdetails/state/sidbi-partners-with-apiic-to-improve-credit-linkage-to-andhra-pradesh-msmes 2023-11-30 17:07:59 knnindia.co.in