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2009-12-07

Corporation bank to work for SMEs

Corporation Bank and M/s Religare Finvest Ltd have signed a memorandum of understanding to identify the potential small and medium enterprises through banks’ various outlets.

The tie-up will help in extending financial assistance to such enterprises. The Corporation Bank has developed several loan schemes for SMEs at competitive interest rates.

 

The bank will also encourage and recognise SMEs through national SME Excellence Awards, which will be honoured to outstanding SMEs in the country.

 

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