SIDBI has recently signed MoU with which SAARC regional centre for mutual cooperation and collaboration?
SIDBI has recently signed MoU with which SAARC regional centre for mutual cooperation and collaboration?
[A]SAARC Forestry Centre (SFC)
[B]SAARC Disaster Management Centre (SDMC)
[C]SAARC Development Fund (SDF)
[D]SAARC Tuberculosis and HIV/AIDS Centre (STAC)
SAARC Development Fund (SDF)
The Small Industries Development Bank of India (SIDBI) has signed MoU with SAARC Development Fund (SDF) for mutual cooperation and collaboration. Both will work together in co-funding of projects in Indian MSMEs on risk sharing basis in identified sectors and for development of suitable financial products for SME financing for MSMEs of other SAARC nations. In it, technology transfer and software of loan tracking systems will be available to MFIs in other SAARC nations and capacity development of SDF/SIDBI and SME funding institutions in SAARC nations.