Hotline: 1800 102 2007
Hotline: 1800 102 2007
Search Business Opportunities
2014-02-25

Karnataka Bank, CARE sign MoU to offer services to MSMEs

Mangalore-based private sector lender, Karnataka Bank Ltd has recently signed a memorandum of understanding (MoU) with Credit Analysis and Research Ltd (CARE) to offer credit rating to the micro and small enterprises sector and due diligence for the bank’s MSME customers.

Mangalore-based private sector lender, Karnataka Bank Ltd has recently signed a memorandum of understanding (MoU) with Credit Analysis and Research Ltd (CARE) to offer credit rating to the micro and small enterprises sector and due diligence for the bank’s MSME customers.

 

A statement issued by the bank on Monday said that the rating services provided by CARE are an independent third-party assessment of the overall condition of the MSEs and will benefit them in benchmarking themselves in the market place. The due-diligence service will provide a customised solution for an independent and unbiased verification of customer profile for meeting the specific needs of the customer.

 

The statement added that with a view to assisting the potential and existing MSE clientele of the bank, CARE will provide credit rating under a special incentive by discounting its rating fees, and also provide due-diligence services to MSME units in existence for more than one year.

Related opportunities
  • Juices / Smoothies / Dairy parlors
    About Us: Established in the year 2017, SCOSSA, a venture of..
    Locations looking for expansion Haryana
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Ambala Haryana
  • Pharmacies
    About Us: |Reliable, Experienced, Trusted pharma product provider| The most trusted name..
    Locations looking for expansion New Delhi
    Establishment year 2006
    Franchising Launch Date 2015
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater New Delhi New Delhi
  • Bakery & Confectionary
    About US:  Incorporated in 1991, Lucky’s Bakery & Patisserie, is a..
    Locations looking for expansion Delhi
    Establishment year 1991
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required 125
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater New delhi Delhi
  • About Us: MedZone – Asia’s No.1 Medical Shop Network   Investment ..
    Locations looking for expansion Chandigarh
    Establishment year 2000
    Franchising Launch Date 2015
    Investment size Rs. 2lac - 5lac
    Space required 130
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater chandigarh Chandigarh
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