The Largest lending institution of the country State bank of India recently launched Retail Assets and Small and Medium Enterprises City Credit Center (RASMECCC) in Shillong and felicitated top ranked students in the country. RASMECC is basically a specialized centre that handles and organizes the Personal and SME loans of 21 city based branches, further the RASMECCC centre deals with the 20000 loan accounts comprising of big branches in the state.
On the inauguration an official reported that this centralization process of loan handling and maintenance assist the bank in providing more enhanced services. The processing of loan in specialized centers, provide the branches to put their more time to market the Bank’s products and concentrate on business development. This new established centre will be connected to all the parts of the city providing the proper access to the people with any difficulty. The RASMECCC premises will also host another important marketing hub, known as Multi Product Sales Team (MPST) aimed at providing convenience for the customers.