New Delhi, Feb. 25 -- Small Industries Development Bank of India (SIDBI) and Tata Capital Limited (TCL) signed an MoU for "Partnership for financing MSMEs," a release said on Tuesday.

According to SIDBI, the focus is on the growth and development of the MSME ecosystem by way of providing funding avenues in the field of machinery/equipment financing, working capital/CC/OD/business loans, and loans against property, etc.

Further, risk sharing/ co-lending/ joint financing shall also be explored while extending credit facilities to MSMEs.

The MoU was signed by Vivek Kumar Malhotra, Chief General Manager, SIDBI and Vivek Chopra, Chief Operating Officer, of Retail Finance, TCL in the presence of senior SIDBI and TCL officials.

Since its for...