3rd dec 2020


Small Industries Development Bank of India (SIDBI) in partnership with India SME Asset Reconstruction Company (ISARC) has launched Asset Restructuring Module for MSMEs-Micro, Small & Medium Enterprises (ARM-MSMEs) in other words Do-It-Yourself (DIY) web module. This web portal helps MSMSEs to get benefit of the Reserve Bank of India (RBI)’s one-time debt restructuring. The portal is offered as part of SIDBI’s developmental initiatives. Indian Bank has signed a MoU (Memorandum of Understanding) with SIDBI to enable MSME borrowers to use the web module.

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