
Dhanlaxmi banks concluded a memorandum of understanding (mine) with National Small Industries Corporation Ltd. (NSIC) to strengthen medium and micro -trap (MSME) credit facilitation across all branches.
Jitan RAM Manjhi, Minister for MSME, and SCL DAS, secretary MSME, were present in the position of signing the memorandum of understanding.
My was exchanged between Gaurav Gulati, Director (Finance), NSIC and other higher officials from NSIC and Vikram Baranwal, Auxiliary CEO, on behalf of Dhanlaxmi Bank.
As part of this cooperation initiative, MSMES can now approach any NSIC branch in order to obtain an end-to-end in preparation and submitting credit proposals to all Dhanlaxmi branches without any fee.
NSIC officials at branches will help applicants to complete the documentation required by the bank and will be directly linked to the bank for their representation. This partnership strengthens Dhanlaxmi’s shared obligation to seize MSME by strengthening their approach to a formal loan and supporting the ease of business, according to the bank’s press release.
Published – August 2025 17:54 is