Hyderabad, April 9 -- Godrej Capital, the financial services arm of the Godrej Industries Group, through its finance and housing finance subsidiaries (companies), executed a Memorandum of Understanding (MoU) with the Government of Telangana.

This strategic partnership aims to accelerate the growth and development of MSMEs across the state by fostering greater access to credit and business opportunities, the company said in a release here on Wednesday.

Under this MoU, the Telangana government and companies will work closely to drive large-scale MSME credit penetration across the state.

The partnership aims to strengthen the MSME ecosystem by enabling improved access to formal credit, particularly for underserved and first-time borrowers...