This strategic alliance makes Bank of India the twelfth bank along with other existing eleven banks under bank tie-up arrangement with NSIC. This partnership not only help the entrepreneur in getting timely credit but will also provide them with an option of switching over from existing bank to Bank of India depending upon their suitability.
The MoU was signed by Shri Ravindra Nath, Director (Finance), NSIC and Shri R.C. Khurana, General Manager, North Banking Zone, Bank of India.
India
NSIC Signed MoU With Bank of India for Easy and Hassel Free Credit
Special Correspondent - 2011-03-10 10:03
New Delhi: In order to add more option of banks for facilitating credit to micro, small and medium enterprises, a Memorandum of Understanding (MoU) has been signed by National Small Industries Cooperation (NSIC) and Bank of India, North Zone.