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NSIC - National Small Industries Corporation
NSIC - Facilitating the Growth of Small Enterprise Since 1955    


Last updated date - 10/28/2016
Media Room
Shri Ravindra Nath, CMD NSIC inaugurated NSIC`s Online Finance Facilitation Centre at Jaipur. This is NSIC`s 6 th FFC in country and 1st in Rajasthan at Jaipur. Online Finance Facilitation portal is NSICís initiative for digital facilitation of loan proposals of MSMEs with banks and will aggregate various credit requirements of MSMEs. The loan proposals after validation by NSIC will be submitted online to Banks selected by MSME units for speedy disposal of their credit proposals thereby providing them easy access to finance, saving time without any additional cost.
Mr. Nath informed that NSIC plans to open up similar centers in different parts of the country, shortly. He informed about setting up MSME databank web portal by Ministry of Micro , Small & Medium Enterprises, Govt. of India and how all stakeholders of MSMEs and MSME per se shall stand to gain from data available on databank.
He also informed about recently launched National SC/ST hub by Hon`ble Prime Minister through which various activities of Vendor Development programme ,mentoring and other handholding activities shall be provided to SC/ST entrepreneurs. Shri A. K. Mittal , Director ( Finance) stated that NSIC, a Mini Ratna Company is committed to provide enabling services to MSMEs. He informed about NSICís initiatives towards development of MSMEs across the country.
Present on the occasion were representatives of various Banks and Rating Industry Associations. they felicitated CMD, NSIC on the occasion and appreciated that NSIC always strives to provide high level of Services and starting of On-line Finance Facilitation Centre is a semblance of that. They assured that MSMEs will immensely be benefited by this service.
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