Our Bureau

New Delhi, Jan 25

PUNJAB National Bank (PNB) today entered into a memorandum of understanding with the Small Industries Development Bank of India (SIDBI) to strengthen efforts to support small and medium industries.

Speaking on the occasion, Chairman and Managing Director, PNB, Mr S.C. Gupta said that the two institutions would jointly explore possibilities for extending credit to SMEs.

(This article was published in the Business Line print edition dated January 26, 2006)
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