- The MoU was signed to grant support to MSMEs through credit requirements.
- The MoU was signed under the ‘NSIC Band Credit Facilitation Scheme’.
- As a part of this MoU, the branch offices of NSIC which operate as a Finance Facilitation Centre (FFC) will support the MSME sector by offering them a loan from the Union Bank of India.
- The NSIC Branch will provide support to the MSME unit by assisting them in completing all documentation as required for further submission to the Bank.
- The MoU agreement was signed by PK Das, FGM-Delhi on behalf of the Union Bank of India and P R Kumar CGM, NSIC.
- Static Part:
- HQ of Union Bank of India: Mumbai
- MD and CEO of Union Bank of India: Rajkiran Rai G
- Tagline of Union Bank of India: Good People to Bank with
- HQ of NSIC: New Delhi
Question:
a. Bank of India
b. Bank of Baroda
c. Canara Bank
d. Union Bank of India
