Expert Speak

Shri Mohammad Mustafa

CMD, SIDBI

"SIDBI is happy to partner with TransUnion CIBIL in empowering MSMEs by making them financially aware and loan-ready so that they are able to access timely and affordable financial support to develop their businesses. MSMESaksham is a multilingual digital platform that will facilitate and strengthen credit information availability for MSMEs across our country.” The large scale credit infusion to MSMEs under the ECLGS scheme of Atmanirbhar Bharat program is a very promising opportunity for MSMEs to access financial support for business growth. It is vital for MSMEs to understand their credit eligibility and structural stability of their business in order to avail timely access to credit. The MSMESaksham platform by TransUnion CIBIL and SIDBI will be a very beneficial knowledge tool for MSMEs in helping build access to financial opportunities, develop structural strength and drive stable and long term growth.”

Rajesh Kumar

Managing Director and CEO of TransUnion CIBIL

“Empowering MSMEs is vital for economic resurgence and we are committed to supporting the credit industry, government and the MSMEs themselves with insights and solutions to enable them to transact with confidence. While we are supporting banks and credit institutions with solutions to drive faster and digitalized access to credit for MSMEs, we are also extending guidance and enabling access to CIBIL Rank and commercial credit report for the MSMEs. With the launch of MSME Saksham, we strengthen our commitment to empower MSMEs and help develop a productive ecosystem conducive for resurgence and sustained growth of the sector. MSMESaksham is a single destination for MSMEs to access a wealth of helpful financial information and tools –Government schemes and interventions, access to their CIBIL Rank and Score, loan offers from banks and above all a comprehensive knowledge hub encompassing business insights and learning modules about credit and creditworthiness.”