Industrial Interaction with Sr. Branch Manager, NSIC, Ludhiana and Loan Mela for MSMEs with YES Bank

Ludhiana, September 6, 2017: Chamber of Industrial & Commercial Undertakings organised Industrial Interaction with Sh.D.D Maheshwari, Sr.Branch Manager, NSIC, Ludhiana and Loan Mela for MSMEs with YES Bank at CICU Complex, Focal Point, Ludhiana.

Sh.Upkar Singh Ahuja, General Secretary of the Chamber said that this type of Industrial Interaction meeting will help the industries to know about the various schemes of Govt. of India for the promotion of the MSMEs. He further said that Loan Mela organized for MSMEs is helpful in getting financial assistants to the interested units.

Sh.D.D Maheshwari, Sr. Branch Manager, NSIC, Ludhiana while addressing the gathering informed that the units should come forward to avail the benefits of the NSIC. He also said that units should get the registration under the Govt. Stores Purchase Programs. He further said that formation of consortia is helpful in meeting the condition of the Turn Over.

Sh.Amar Bhardwaj, Regional Credit Head along with Sh. Amritinder Singh, Cluster Heads of YES Bank along with their team members scrutinized the documents of the interested units. More than 30 MSMEs units participated in this Loan Mela. The Bank principally agreed to sanctioned loans to 10 units, who have submitted their documents.

The interaction meeting and Loan mela was attended by S/Sh. Sudharshan Gosai, S.S Bedi, Rajneesh Bansal, Vishal, NSIC, Shashessh Saini, Swarn Sing and Kuldeep Sehgal.