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CBI to help fund MSMEs

Central Bank of India and the National Small Industries Corporation have entered into an MoU under which the bank will take care of the credit requirements of MSME units across India. The tie-up is under the scheme called ‘Bank Credit Facilitation’ of the bank. K.K.Taneja, field GM of the bank, and Rajan Trehan, GM (Finance), NSIC signed the documents. Dr R.C. Lodha, ED of the bank, and Ravindranath, CMD, NSIC, were present.

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