SBI, PHDCCI to launch industry programme to aid SMEs hit by pandemic in Haryana

SBI-PHDCCI collective initiative is expected to help Haryana's SMEs industrial units to explore financing services in Haryana

Parul Parul     February 19, 2022

The PHD Chamber of Commerce and Industry (PHDCCI) in association with the country’s largest lender State Bank of India (SBI) has started an industry outreach programme to help small and micro enterprises (SMEs) affected by the COVID-19 pandemic in Haryana.

The two organisations conducted an industry outreach programme called ‘SBI-PHDCCI Industry Roundtable Meet’ in Karnal, Haryana on February 17 to bring the important industry stakeholders and exporters of Haryana on a common business platform and highlight their challenges, PHD Chamber of Commerce and Industry said in a statement.

“In the post-pandemic times, it was one of the early interventions for supporting Haryana’s Small and Medium Enterprises (SMEs) and exporters. The deliberations of the meet are expected to help the state’s industrial units to directly explore the financing and other banking services available with SBI in Haryana,” PHDCCI said.

Speaking at the event, State Bank of India (SBI) Chief General Manager, Chandigarh Local Headquarter & Head-Nepal Desk, Anukool Bhatnagar said SBI is open to meeting the financing requirements of SMEs in Haryana.

To overcome the challenges of the demand slump and the rising cost of business, Bhatnagar suggested the industry adapt to the new normal and brave it through their entrepreneurial zeal. PHD Chamber of Commerce and Industry’s Joint Secretary, State Development Council & Nodal Coordinator, India-Nepal Centre, Atul K Thakur said PHDCCI has taken several proactive measures to support SMEs in Haryana.