SBH focuses on MSME lending | SupportBiz

In Brief

SBH focuses on MSME lending

The State Bank of Hyderabad (SBH), in association with Dun & Bradstreet India, have jointly organized a workshop on the financial needs of MSMEs recently in Hyderabad, reports Business Line.

The workshop was attended by SME entrepreneurs, owner-managers, proprietors, partners, non-finance and finance executives and other stakeholders from the industry.

Speaking at the event, the bank’s Chief General Manager Jyoti Ghosh said that, the bank focuses on assisting the micro, small and medium enterprises (MSMEs) with their financial needs and has developed a wide range of products to cater to this segment.

Ghosh pointed out the cluster approach adopted by SBH to enhance the credit flow to the SME sector via the country’s industrial and artisan clusters.

Preeta Misra, Director – Learning Solutions, D&B India called MSMEs the stepping stones of entrepreneurship development, innovation and risk taking behaviour.