Bandhan Bank Managing Director and CEO, Chandra Shekhar Ghosh, advised the MSME units in the country to select best chartered accountants, saying "It is not your cost, but an investment."
"The signature of a reputed CA or CA firm boosts banks' confidence. I have also seen MSME units approach banks through agents. That is not the right way. Banks are not comfortable with agents. Connect to the banks directly and you will receive all possible support," Ghosh said.
Addressing the MSMEs, senior government officials and bank executives at the CII-organised MSME FinFest. Ghosh also spoke in favour of setting up best training institutes and recruit cadre comprising "simple graduates" willing to go to villages and ready to slog.