Private sector Yes Bank has partnered advisory services firm Pantomath Advisory to develop an MSME ecosystem focused for Maharashtra and Gujarat.
The collaboration, part of Yes Bank’s ‘Alliance, Relationships & Technology (ART)’, aims to enable better access to capital, knowledge and skills to help micro, small and medium enterprises (MSMEs) to scale for a multiplier effect for the overall economy, the bank said.
“MSMEs are the backbone of the Indian economy, and we are committed to being a one stop solution provider for the MSME sector,” Sumit Gupta, group president & national head (business and rural banking), Yes Bank said.
“Our collaboration with Yes Bank is based on the fundamental needs of MSME sector and aims to provide MSMEs a vibrant growth platform making them true carrier of the ‘Make in Maharashtra’ with inclusive growth movement,” Mahavir Lunawat, group managing director, Pantomath Group said.