Towards the objective of facilitating availability, accessibility & affordability of credit to MSMEs, NSIC entered into MOUs with various private sector banks such as Axis Bank, Dhanlaxmi Bank, Karnataka Bank, AU Small Finance Bank and IndusInd Bank on 11th August, 2025 under its MSME Credit facilitation program. The collaboration aims to extend handholding support to MSMEs and help them link to the formal financial system, with increased focus on the Banks to expand their outreach to deserving micro & small enterprises, the arrangement is expected to be a force multiplier in the efforts of Banks reach the last mile. The Occasion witnessed august presence of Shri Jitan Ram Manjhi, Hon’ble Minister of MSME and Shri S.C.L. Das Secretary (MSME). The MoUs were exchanged between Shri Gaurav Gulati, Director (Finance), NSIC and senior officials from various banks in the presence of Ms. Mercy Epao, JS(SME), Dr. S. S. Acharya, CMD, NSIC and other senior officials from NSIC and banks.