{"id":3503,"date":"2019-01-10T15:24:25","date_gmt":"2019-01-10T15:24:25","guid":{"rendered":"http:\/\/financeintellect.com\/home-page\/home\/?p=3503"},"modified":"2019-01-10T15:24:25","modified_gmt":"2019-01-10T15:24:25","slug":"rbl-bank-signs-mou-with-nasscom-to-offer-customized-credit-facility-to-msmes","status":"publish","type":"post","link":"https:\/\/financeintellect.com\/home-page\/home\/rbl-bank-signs-mou-with-nasscom-to-offer-customized-credit-facility-to-msmes\/","title":{"rendered":"RBL Bank signs MoU with NASSCOM to offer customized credit facility to MSMEs"},"content":{"rendered":"<p style=\"font-weight: 400\">RBL Bank and NASSCOM, jointly announced that they have entered into an MoU, to boost India\u2019s MSME ecosystem by providing customized credit solutions to MSMEs in the Information and Communication technology sector. The collaboration is aligned to the GoI\u2019s mission to promote and encourage the MSMEs. As part of the MoU, the two entities will collaborate for various activities including joint events, knowledge sharing sessions and ensure continuous engagement with various chapters in ten locations across India.<\/p>\n<p style=\"font-weight: 400\">The comprehensive partnership consists the following key services:<\/p>\n<ul>\n<li style=\"font-weight: 400\">Simplified assessment procedure and processing<\/li>\n<li style=\"font-weight: 400\">Competitive pricing and quick TAT<\/li>\n<li style=\"font-weight: 400\">A joint working group with representations from both the entities to track progress of the proposals submitted<\/li>\n<li style=\"font-weight: 400\">Structured mentoring of MSMEs on a periodic basis<\/li>\n<\/ul>\n<p style=\"font-weight: 400\">Speaking on the occasion,\u00a0Vincent Valladares \u2013 Head, Commercial Banking, RBL Bank\u00a0said, \u201cOur collaboration with NASSCCOM is a significant step towards serving the needs of India\u2019s growing MSME sector. As a bank, we have stayed focused on achieving inclusive and all-encompassing growth and this partnership will help tap into the huge enterprise pool of NASSCOM and expand our reach. Additionally, it will enable the MSMEs to benefit from our wide bouquet of offerings and support them in achieving the next level of growth.\u201d<\/p>\n<p style=\"font-weight: 400\">Also commenting on the occasion,\u00a0Kamal Agarwala \u2013 Chairman for NASSCOM SME Council\u00a0said, \u201cWe firmly believe that MSME are an important aspect of India\u2019s growth engine, the development of MSMEs is extremely critical to facilitate job creation, financial inclusion and development of new age entrepreneurs who have the potential to create globally competitive businesses from India. Through this partnership with RBL Bank, we will be able to extend support to the MSME ecosystem, and additionally provide them with an opportunity to avail seamless credit facility. We see this association as a medium to enable the right framework for the growth of MSMEs in the country.\u201d<\/p>\n<p style=\"font-weight: 400\">Further Details are available on:\u00a0<a href=\"http:\/\/www.rblbank.com\/\">www.rblbank.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>RBL Bank and NASSCOM, jointly announced that they have entered into an MoU, to boost India\u2019s MSME ecosystem by providing customized credit solutions to MSMEs in the Information and Communication technology sector. The collaboration is aligned to the GoI\u2019s mission to promote and encourage the MSMEs. As part of the MoU, the two entities will [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":3504,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8],"tags":[3196,367,3195],"class_list":["post-3503","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-india-inc","tag-mou","tag-nasscom","tag-rbl-bank"],"aioseo_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>RBL Bank signs MoU with NASSCOM to offer customized credit facility to MSMEs - Finance Intellect<\/title>\n<meta name=\"description\" content=\"RBL Bank and NASSCOM, jointly announced that they have entered into an MoU, to boost India\u2019s MSME ecosystem by providing customized credit solutions to MSMEs in the Information and Communication technology sector. 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