Indian bank gets National Excellence award in micro enterprises lending
Hotline: 1800 102 2007
X
Search Business Opportunities
2013-04-08

Indian bank gets National Excellence award in micro enterprises lending

Chennai-headquarted Indian Bank has been conferred with the National Award for Excellence in Lending to Micro Enterprises by Ministry of micro, small and medium enterprises (MSME) for fiscal year 2012.

Chennai-headquarted Indian Bank has been conferred with the National Award for Excellence in Lending to Micro Enterprises by Ministry of micro, small and medium enterprises (MSME) for fiscal year 2012.

T M Bhasin, Chairman and Managing Director, Indian Bank received the coveted National award from the President of India, Pranab Mukherjee recently in the capital.

According to a release issued by the bank, under lending to the micro and small enterprises (MSEs), Indian Bank has achieved a growth of 32.18 per cent as against the government’s guideline of 20 per cent. Under MSME sector, the Bank has recorded a growth of 29.73 per cent during the year.

Indian Bank has extended 72.36 per cent credit to Micro enterprises as against the government’s stipulation of 60 per cent under MSE lending to micro enterprises, the release added.

Related opportunities
  • About Us: Founded in the year 2001-2002, ITEM Secure Pvt. Ltd...
    Locations looking for expansion Maharashtra
    Establishment year 2008
    Franchising Launch Date 2018
    Investment size Rs. 5lac - 10lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai Maharashtra
  • Laundry & Dry Cleaning
    About Us: Established in 2012, Western Dhobi Grandeur is an innovative..
    Locations looking for expansion Maharashtra
    Establishment year 2012
    Franchising Launch Date 2017
    Investment size Rs. 20lac - 30lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater PUNE Maharashtra
  • Car wash / Ceramic Coating / Detailing
    About Us: Across the globe, 3M is inspiring innovation and igniting..
    Locations looking for expansion Delhi
    Establishment year 1950
    Franchising Launch Date 2017
    Investment size Rs. 50lac - 1 Cr.
    Space required 1500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Competitive Exam Coaching Institute
    About Us: Searching for a premium franchise opportunity in booming education..
    Locations looking for expansion Karnataka
    Establishment year 2009
    Franchising Launch Date 2009
    Investment size Rs. 2lac - 5lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Karnataka
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts