India, Sept. 8 -- Mumbai- Shri Manoj Mittal, Chairman and Managing Director, Small Industries Development Bank of India (SIDBI) inaugurated new office premises of Mumbai Regional Office and Branch Office at Dadar (West), Mumbai to cater to the growing financial requirements of MSMEs in and around Mumbai and also neighbouring areas. Shri Prakash Kumar, Deputy Managing Director, SIDBI and Shri Nandan Khambete from Thane Small Scale Industries Association (TSSIA) graced the occasion.

SIDBI has been taking new initiatives to increase the flow of credit to MSMEs. Providing 'timely and adequate credit' is the mantra followed in SIDBI. It has fully digitized its lending processes to extend financial assistance in 48 hours. SIDBI has been involved...