To ensure that MSMEs are able to sustain and participate in economic growth, several schemes have been developed to support this sector. One company at the forefront of this is
DBS Bank India Limited, the wholly-owned subsidiary of DBS Group Holdings Ltd. In India, DBS has developed a holistic approach for the sector and embarked on programmes to enable MSMEs to nurture their business, upgrade their skills and capabilities to survive in the post-COVID-19 economy.
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DBS has launched an online credit solutions platform -
DBS Digital Business Loans for SMEs offering credit up to ₹20 crore. The offering harnesses the full power of the digital medium and simplifies the loan application process to further aid businesses and entrepreneurs. “DBS Business Loans is secure and fast. Honestly, as an SME, DBS has made our life very simple.”, asserts Mr. Vikram Mody of Mody Resins, based in Mumbai. “The challenges for small businesses in 2020 and 2021 were very differ