State Bank Of India

State Bank of India (SBI) has partnered with UGRO Capital for a co-lending arrangement to disburse up to Rs 500 crore to micro, small and medium enterprises (MSMEs) by the end of this fiscal.

SBI has onboarded UGRO Capital as its first co-lending partner for its Sanjeevani programme to finance MSMEs.

SBI is the country’s largest lender and it offers a wide range of services in the Personal Banking, Agriculture/ Rural, NRI services, SME and Corporate Banking etc.