At a seminar organized by the Confederation of Indian Industries, the issues related to SME finances were discussed at length. It was said that a large number of SMEs were unable to get financial aid from the banks.
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Tag: UCO Bank
Orissa asks banks to cover Gram Panchayats
The Odisha government on February 22 asked nationalized banks to cover all unbanked panchayats in the state either by way of establishing branches or through banking correspondents as almost 75 per cent of the panchayats across the state do not have banks. The fact that credit flow had also come …
PSU Banks asked to focus on niche areas, infra sharing
The Ministry of Finance (MoF) is keen that public sector banks should carve out a niche in some specific banking sectors and also share the infrastructure. “Have the banks started carving out a niche for them in some specific banking sector such as retail, SME, project finance and geographies so …