RBL Bank has signed Memorandum of understanding (MoU) with NASSCOM to provide customized credit solutions to Micro-Small and Medium Enterprises (MSMEs) in the Information and Communication Technology (ICT) sector. The two entities will collaborate for various activities including joint events, knowledge sharing sessions and ensure continuous engagement with various chapters in ten locations across India. The collaboration is aligned to the government of India’s mission to promote and encourage the MSMEs.
RBL Bank operates as a scheduled commercial bank. The bank offers its services under the five business verticals including corporate and institutional banking, commercial banking, retail banking, agri and development banking and financial markets. The bank was founded in 1943 and is based in Kolhapur, Maharashtra.