Activities Round Up

Date : 24 Aug to 24 Aug 2016
Place : New Delhi
Organised by : FISME

Training programme for MSMEs in Mumbai on Credit Information Bureaus by World Bank Group and FISME

The World Bank Group joined hands with Federation of Indian Micro and Small & Medium Enterprises (FISME) to organise a 5 city campaign wherein experts from WBG would talk the growing importance of credit information in today’s global business operations and about the functioning of the credit information bureaus operating in India.

After the success of the previous programmes in Faridabad, Bangalore and Chennai, similar event was organized in Mumbai on 24th August 2016.

The programme in Mumbai was organised in association with Bombay Industries Association. .

Mr. Rajendra R. Kothari, President, BIA in his welcome address referred to the developed economies and said overseas credit information is not only an important tool for sourcing credit but also plays an important role in deciding the rate of interest. He further urged the participants to maintain a good credit score for easy processing of their loan applications.

Later, Mr. Anil Kumar and Mr. Ashutosh Tandon representing the World Bank Group made a detailed presentation on the credit information system and the functioning of the credit information bureaus, particularly the Credit Information Bureau of India Limited (CIBIL).

Mr. Siddharth Shenoy, Hon. Secretary, FISME gave the vote of thanks.