With the intent to assist the Micro, small and medium enterprises (MSME) sector the Bank of Maharashtra has planned to organize a campaign for them. The camp will be from 19th January to February 7, 2014. This campaign is especially for the MSME sector offering financial assistance to them.
Zonal manager of the bank, Delhi reported that bank wishes to extend the loan of up to Rs 1,000 crore during the campaign. The Bank has also reduced it base rate by 0.15%, earlier it was 10.40% and now it has been dropped down to 10.15%.