Public sector bank – Canara Bank stated that the bank’s prime focus will be MSME sector. The bank will support the MSME sector with advances to them. The executive director of the bank has stated that bank will mainly focus on MSME sector and will be offering competitive schemes to the MSME sector with the attractive rates on them
In addition to this bank has also organized Award ceremony for MSME sector where the best performing units in manufacturing and servicing unit were awarded. The function was chaired by Prakash Chandra Sahoo, Regional Director of RBI.At the ceremony the best Women entrepreneur, Best technology innovation, Best CSR initiatives were also given away.