Chennai, Feb. 1 -- Mr. Ajay Kumar Srivastava, MD and CEO of Indian Overseas Bank (IOB) on Sunday said the union Budget presented by Finance Minister Nirmala Sitharaman is a clear roadmap for all-round growth, balancing industrial scaling with jobcreation, and laying a robust foundation for a Viksit Bharat.

Anchored in the three 'Kartavyas'-accelerating growth, building capacity, and ensuring inclusive participation, it reflects a vision that resonates strongly with the banking sector and institutions like IOB, he said in a statement.

With a Rs 10,000 crore SME Growth Fund to create 'Champion MSMEs' and mandatory use of TReDS for CPSE purchases, the government is providing small businesses with the structural support to scale.

"This enhan...