In its endeavor to support more and more MSMEs with credit support from Banks under its MSME Credit facilitation program, National Small Industries Corporation (NSIC) entered into Memorandum of Understanding (MOU) with Kotak Mahindra Bank on 30th October, 2025 during MSME Conclave held at Guwahati. The Occasion witnessed august presence of Sushri Shobha Karandlaje, Hon’ble Minister of State for MSME, Govt of India.
The MoU was exchanged between Shri V Raghunath, Dy. General Manager (Finance), NSIC and Shri Ajay Mittal Sr. Executive Vice President, Kotak Mahindra Bank, in the presence of Dr. S. S. Acharya, CMD, NSIC, Shri. Kartikeya Sinha, Director (P&M),NSIC, Shri. Mara Kocho, MD of NEHHDC and Shishir Jha Addl. EPFO Commissioner.