INVITATION

for

Meeting on:

 

Easy flow of credit to MSMEs & identifying gaps in present credit information systems

(An initiative of World Bank)

 

Wednesday 24th August 2016

(7.30pm to 9.00pm to be followed by dinner)

 

Hotel Mirador

New Link Road, Chakala

Andheri (East)

Mumbai

 

 

 

Greetings from Federation of Indian Micro and Small & Medium Enterprises (FISME)!

 

All of us in the business community realize the importance of credit information in today’s business operations and at the same time are also aware about the functioning of CIBIL, the Credit Information Bureau of India Limited. A good or bad CIBIL score often makes or breaks our loan application, particularly personal loan applications. In India, Credit Information is not given much importance by the banks for business loans. However, in developed economies, it is an important tool for sourcing credit and also plays an important role in deciding the rate of interest. For that, the credit information bureaus there are compiling a lot of information - even how regular you are in paying your electricity or water bills, mobile bills or trade credits. All this help them to ascertain the level of credit worthiness of the borrower.

 

To ensure easy flow of credit to MSMEs at a competitive rate; identifying the gaps in the present credit information systems; and to create a wider information base for credit status a meeting is being held from 7.30pm to 9.00pm on Wednesday 24th August 2016 at the Hotel Mirador, Andheri (East), Mumbai. The meeting would be followed by dinner.

 

We are pleased to extend you a cordial invitation for this important meeting to be Chaired by the World Bank. (Kindly note, no charges are applicable but we request you to kindly confirm your presence in advance).

 

We eagerly look forward to receiving your confirmation which would be acknowledged by us.

 

Thanks and with kind regards

 

Mukesh Kalra

Joint Secretary (International Trade)

Federation of Indian Micro and Small & Medium Enterprises (FISME)

B - 4/161 Safdarjung Enclave

New Delhi - 110029

Cell:+91 - 9811465438

Telephone: +91 - 11 - 26187948, 26712064

Telephone: +91 - 11 - 46023157, 46018592

Fax:+91 - 11 - 26109470

mukesh.kalra@fisme.org.in

www.fisme.org.in