NEWS & ADVICE : PERSONAL LOAN
Corporation Bank to boost its SME portfolio
By Vaibhav Aggarwal
May 15, 2012
Print    Email    RSS   

Public sector lender, Corporation Bank is looking for growth in the booming small and medium enterprise (SME) sector. The Mangalore based lender plans to add another Rs. 5000 crore by the end of this fiscal.

The executive director of the bank, Mr. Ashwani Kumar feels the eight centers located in eight cities exclusively for tendering credit to the SME segment will hold the key.

The lender opened another SME loan center in New Delhi yesterday.

The bank's SME loan portfolio for the year ending 31st March stood at Rs. 14,542 crore, which for the same period year ago was Rs. 10,707 crore.


 


(Comments Posted : 0) Post Your Comments
Show All Comments
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
12 point conduct checklist for bank and...
Personal loan: Lender of the last resort
Some admissible deductions under Income...
Personal Loan Vs. Cash advance from credit...
Do rising NPAs reflect an ailing banking...


HOTEL: CaℒL Giℛℒs In Kharar 09855660911...
Model Escoℛts Service In Pune 8888IOO484 Caℓℓ...
What is the outstanding Amount for my personal loan

NEWS THIS WEEK
LVB bank joined hands with NCML Feb 18, 2015
Syndicate Bank hiring 5000 new staff Feb 12, 2015
SBI donated Rs 8.6 cr as a part of CSR activity Feb 11, 2015
Canara Bank tied up with NHBC Feb 9, 2015
Hiring for Probationary clerks in South Indian Bank Feb 5, 2015
News Archive