Kfw Line of Credit

The KfW Component of Loc is for EURO 43.5 Million with the objective to improve MSMEs access to finance.

The Bank has drawn and channelized an amount of Euro 43.5 million to 367 MSMEs in 11 states through identified branch offices of SIDBI. As against timeline of three years it has been channelized to MSMEs in a brief span of 15 months. Major industrial sectors covered are textiles, engineering units, mining, automotives, plastics, etc.