SIDBI’s exclusive web portal for MSMEs
SIDBI launches a dedicated web portal to help MSMEs
The portal will help MSMEs avail the benefit of the RBI’s one-time debt restructuring
In August, RBI had announced one-time restructuring for personal and corporate borrowers affected by COVID-19
MSMEs can prepare restructuring proposals by focusing on the most essential data of their past financials
The web portal has been tested by some of the banks for their MSME clients
SIDBI reportedly signed an MoU with Indian Bank for the same
