IndusInd Bank's 'Level Up' Series Boosts MSME Growth

IndusInd Bank celebrates International MSME Day by launching the 'Level Up' knowledge series to support Micro, Small, and Medium Enterprises (MSMEs). The series aims to provide MSMEs with strategic insights, financial management tips, and digital transformation strategies. IndusInd Bank also unveiled several initiatives to promote MSME growth and sustainability.


PTI | Mumbai | Updated: 28-06-2024 10:57 IST | Created: 28-06-2024 10:57 IST
IndusInd Bank's 'Level Up' Series Boosts MSME Growth
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In honor of International MSME Day, IndusInd Bank has launched the 'Level Up' knowledge series, underscoring the pivotal role of Micro, Small, and Medium Enterprises (MSMEs) in India's economic landscape. The initiative brings expert advice on strategic planning, financial management, and market expansion to equip MSMEs for sustainable growth.

IndusInd Bank is doubling down on efforts to enhance credit access and operational efficiency for MSMEs. The bank has established 126 MSME Hubs across India, offering swift loan approvals, bespoke products, and professional guidance. To further streamline processes, digital transformation remains a priority, enabling quick fund disbursements.

Moreover, the bank has introduced various products like the GSTOD for instant funds and the 'IndusWE' program to empower women entrepreneurs. Backed by CGTMSE loans and solar power financing, IndusInd Bank is committed to fostering a sustainable and inclusive business environment for MSMEs.

Commenting on the initiatives, Mr. Sanjeev Anand, Head of Corporate, Commercial, Rural & Inclusive Banking, stated, "MSMEs are fundamental to India's growth. With the nation's goal of achieving a $5 trillion GDP, MSMEs will be instrumental, supported by our bank's and the government's measures aimed at enhancing their competitiveness."

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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