‘National MSME Excellence Award 2017’ for Corporation Bank

Mangalore Today News Network

Mangaluru, Feb 16,2017: Corporation Bank has been awarded once again ‘National MSME Excellence Award 2017’ organized by the Federation of Industry, Trade and Services (FITS). D V Subramanya Varma, General Manager, Corporation Bank received the award from Haribhai P Choudhary, Honourable Union Minister of State, Ministry of Micro Small and Medium Enterprises in New Delhi. Federation of Industry Trade and Services (FITS) is a national industry body working in the form of a bridge between the industry and the state/central governments.

Corporation Bank

Corporation Bank has taken several initiatives recognizing the constructive role played by MSME Sector in the nation development like, online loan facility for MSME borrowers, online facility for revival and rehabilitation of MSME, campaign for growth with various concessions, collateral free loans up to Rupees two crore under Credit Guarantee Scheme of CGTMSE with 50 bps concession in interest rate is offered to such guarantee covered accounts, concessions in interest rate are also offered to women beneficiaries and rated MSME units and others.

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Comments on this Article
Malini shetty, Haridwar	Thu, February-16-2017, 12:18
The Banks has to discuss on the interest rates which has slashed by Modi Government after demonetization. The public are suffering a lot due to this as the people in their old age lead their living by the interest from the fixed deposits.
Arundathi M, Bajpe	Wed, February-15-2017, 10:51
Congratulations to Corporation Bank. They are the best in providing service to the customers

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