Thursday, November 28, 2013

Chamber of Indian Micro Small & Medium Enterprises (CIMSME) signed MOU with Indian Overseas Bank

Chamber of Indian Micro Small & Medium Enterprises (CIMSME) signed MOU with Indian Overseas Bank
Chamber of Indian Micro Small & Medium Enterprises (CIMSME) has signed a Memorandum of Understanding (MOU) with Indian Overseas Bank for faster credit delivery to MSME/Industries at New Delhi.
Under this arrangement, CIMSME will identify the Entrepreneurs, source the proposals, do Due Diligence and forward the proposals to the Bank for their timely decision.
The MOU was signed in the presence of Dr. M Narendra, Chairman and Managing Director, Indian Overseas Bank. The MOU was signed by Sh. Yogaish Chand Jain, General Manager, Indian Overseas Bank and Sh. Mukesh Mohan Gupta, President, CIMSME. The other senior officers of the Bank and the Chamber were also present.