TransUnion CIBIL conducts its multi-city ‘MSME Conclave: Enabling Credit for Developing Bharat’ in Bengaluru
As India moves towards becoming a USD 7 trillion economy by 2030, it is essential to ensure an unhindered flow of credit to the Micro Small and Medium Enterprises (MSME) sector. To further this lending objective, TransUnion CIBIL hosted one of its multi-city ‘MSME Conclave: Enabling Credit for Developing Bharat’, in Bengaluru today.
City Air News
Oct 22, 2024 01:17
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Bengaluru, October 22, 2024: As India moves towards becoming a USD 7 trillion economy by 2030, it is essential to ensure an unhindered flow of credit to the Micro Small and Medium Enterprises (MSME) sector. To further this lending objective, TransUnion CIBIL hosted one of its multi-city ‘MSME Conclave: Enabling Credit for Developing Bharat’, in Bengaluru today.
The TransUnion CIBIL MSME Conclave underlines the importance of the MSME sector which contributes significantly to the country’s GDP growth by generating employment, promoting regional development, bridging the income gap and encouraging innovation and entrepreneurship. Its objective is to empower MSME lenders across the country with insights and deeper understanding of information and analytics solutions for driving access to finance for MSMEs while ensuring sustainable MSME credit portfolio growth.
Manas Ranjan Mishra, Business Development, Bank of Baroda and Mr. Anuj Gupta, Chief Risk Officer, Credit Saison India - participated in the panel discussion. Senior officials from banks and credit institutions in the region attended the conclave.
