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Money & Banking - Alliances & Joint Ventures
Industry & Economy - SSI
SBH, German organisation in pact

Hyderabad, Sept. 20

State Bank of Hyderabad (SBH) and the German Technical Cooperation (GTZ) have signed a letter of consent to work as partner institutions in helping small and medium enterprises (SMEs). Financial services and demand-oriented business development would be provided by the institutions to help SMEs grow and become competitive. Among the first initiatives would be the development of readymade garments and textile cluster in and around Hyderabad, according to a press release. —

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