UPEIDA signs MoUs with SBI, BOB, PNB, and SIDBI for UP – Uttar Pradesh Expressways Industrial Development Authority (UPEIDA) has announced to sign MoUs with the State Bank of India (SBI), Bank of Baroda (BOB), Punjab National Bank (PNB), and Small Industries Development Bank of India (SIDBI) in order to encourage investment in the UP Defense Industrial Corridor.
- The banks will offer financial help in the form of ease of doing business to investors in the UP Defense Industrial Corridor.
- Investors will be provided tailored financial support from the banks on a case-by-case basis to assist them in establishing their businesses.
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