India launches MSME funding and rural industry modernisation initiatives
As the war in Iran drags on, the Small Industries Development Bank of India has been handed a capital infusion to improve credit flow to MSMEs in rural areas, support technology initiatives and to partner with local banks.
The Small Industries Development Bank of India (SIDBI), which promotes the financing, and development of the micro, small and medium-sized enterprises (MSMEs) in India, is rolling out several key measurers to support their funding.
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