Wednesday, Oct 9 2024 | Time 05:26 Hrs(IST)
image
Business EconomyPosted at: Sep 7 2024 6:20PM


Indian Bank opens 2 Specialized MSME Branches to empower small businesses

Chennai, Sep 7 (UNI) The public sector Indian Bank has opened two specialized
MSME Branches at Ambattur (Chennai) and in the Textile City of Coimbatore, to
empower small businesses and is planning more such branches in other regions.
The two MSME branches were inaugurated by its Executive Director Brajesh
Kumar Singh, a Bank release here said today.
Micro, Small and Medium Enterprises (MSMEs) play a significant role in the overall
growth of the country economy and make a crucial contribution in enhancing
employment, exports and GDP in the country.
Indian Bank has consistently supported MSMEs with tailored products and services,
and the launch of these Specialized MSME Branches marks a significant enhancement
in our commitment to the sector.
The Specialized Branches are designed to provide focused, efficient, and personalized
services under one roof to MSMEs which include Credit Facilities, Forex Services, Letters
Credit (LC) / Bank Guarantee (BG) and other Bank products.
This one-stop solution will streamline the delivery process for MSMEs, ensuring timely
assistance to our clients with improved TAT.
Speaking on the occasion, Mr Brajesh Kumar Singh, said, “These specialized branches
reflect our commitment to empowering MSMEs by providing them with tailored financial
solutions and personalized services."
"We plan to establish more Specialized MSME Branches in other regions as well for further enhancing our support for this sector which is very crucial to our country”, he said.
UNI GV 1819
Please log in to get detailed story.
Tags: #Indian Bank opens 2 Specialized MSME Branches to empower small businesses
More News

Uber starts rides with Pets in Bangalore

08 Oct 2024 | 7:29 PM

New Delhi, Oct 8 (UNI) In a good news for pet lovers, Uber, an app based transportation and ride-sharing technology company on Tuesday announced the launch of “Uber Pet” in Bangalore allowing riders to bring their beloved pets along for the ride.

see more..

ICICI Bank partners with PhonePe to offer instant credit on UPI

08 Oct 2024 | 6:57 PM

Hyderabad, Oct 8 (UNI) ICICI Bank on Tuesday announced that it has partnered with PhonePe to offer instant credit on UPI to its pre-approved customers on the app of the digital payments company.

see more..

Torrent Power gets LoA from MSEDCL for supply of 2,000 MW Energy Storage Capacity

08 Oct 2024 | 6:52 PM

New Delhi, Oct 8 (UNI) Private integrated power utility firm Torrent Power Limited has received letter of award from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for long-term supply of 2,000 Megawatt (MW) Energy Storage Capacity from InSTS Connected Pumped Hydro Storage Plant.

see more..

Kottayam-Kochi Rubber market Rates

08 Oct 2024 | 5:13 PM

Kottayam Oct 08 (UNI) Following were the Rubber Market rates announced by the Rubber
Board here on Tuesday per quintal
Kottayam
RSS FOUR: 21000
RSS FIVE : 20700
ISNR TWENTY: 18900
SIXTY PERCENT LATEX: 13950
Kochi

RSS FOUR: 21000
RSS FIVE: 2070
International Rates (Bangkok)
RSS One: 23805
RSS Two: 23654
RSS Three: 23516
RSS Four: 23441
RSS Five: 233328
Kuala Lumpur
SMR TWENTY : 17873($212.85)
SIXTY PERCENT LATEX : 14919($177.65)
UNI PA BD.

see more..

TotalEnergies EP Ratawi Hub selects IBS Software to revolutionise personnel logistics and tracking

08 Oct 2024 | 5:04 PM

Thiruvananthapuram, Oct 8 (UNI) TotalEnergies, one of the world's leading global integrated energy companies, has selected IBS Software to transform its personnel logistics and tracking operations in Iraq through its affiliate TotalEnergies Exploration Production Ratawi Hub (TEPRH).

see more..
image