- The Times Of India
"MoU signed to support MSMEs"
Vijayawada: Andhra Pragathi Grameena Bank (APGB) and Small Industries Development Bank of India (SIDBI)entered an MoU to facilitate and improve the flow of credit to MSMEs. PR Padgetwar, general manager of APGB and P Rajendra Prasad, deputy general manager, SIDBI, signed the MOU. SIDBI is playing a prominent role as an enabler in empowering the MSME ecosystem in the country and this arrangement with APGB will act as a catalyst/tool in upscaling the MSME segment. We are delighted to partner with APGB and We will, in time, expand our refinance services to other banks as well ,” Rajendra Prasad said.
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