Shri Ravindra Nath, Chairman-cum-Managing Director, NSIC inaugurated NSICís Online Finance Facilitation Center on 29.09.2016 at Hyderabad in line with NSICís initiative to provide digital facilitation of loan proposals of MSMEs with various banks. This is the fifth Centre launched by NSIC in the country in order to assist MSMEs of this region in getting easy access to Finance from Banks. Speaking on the occasion, Shri Nath stated that On-Line Finance Facilitation Center will provide collective funding options from various Banks to MSMEs through online portal www.nsicffconline.in.Shri Nath also stated NSIC has signed MoU with various banks for credit facilitation to MSME sector of the country and Web-linkages between NSICís Online Finance Facilitation Web Portal and Portals of majority of banks have already been established for fast and online decision making. Other banks are in process of establishing the link with NSICís Online Finance Facilitation Web Portal.
Representatives of various industry associations present on the occasion applauded NSICís initiatives and services in the region and felt that NSICís On-line Finance Facilitation Centre will enhance the capabilities of MSMEs of the region with various options for finance at best rates and services.
Senior representatives of various banks were also present on the occasion.
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