Union Bank of India launch MSME Utsav for loans to MSMEs BANK NEWS


This festive campaign is specially launched to give the proper loan and services to the Micro, Small, and Medium Enterprises (MSMEs)

Union Bank of India launch MSME Utsav for loans to MSMEs
Logo of Union Bank of India (PSU Connect)


The Union Bank of India on Monday (October 19, 2020) launched an MSME Synergy campaign virtually through video conferencing. This festive campaign is specially launched to give the proper loan and services to the Micro, Small and Medium Enterprises (MSMEs). 


The campaign is launched by the Shri Rajkiran Rai G (Managing Director and Chief Executive Officer) of the Union Bank of India and Shri D K Garg (Executive Director). They also address the team of Union Bank. 


Shri Rajkiran Rai G is recently appointed as the chairman of the Indian Bank Association. 

The bank also tweets, #UnionBankofIndia of India has launched "MSME Utsav". Festive campaign for loans to MSMEs. Shree Rajkiran Rai G, MD&CEO & Shree D K Garg Executive Director addressing the team Unionites. @DFS_India @DFSforMSMEs #atmsnirbharbharat


Posted Date :  20-10-20

Categories : BANK NEWS

Tag Cloud: BANK NEWS

Similar news

RBI suggestion on converting large NBFCs into banks

NewDelhi: The Reserve Bank of India suggests converting the large Non-Banking Financial Company (NBFCs) into banks according to the fulfillment of certain criteria.   The central bank panel recommended that Well run large NBFCs, with an asset size of Rs 50,000 crore and above, i
Posted Date :  20-11-20

Read more

SBI upgrading Internet banking-regrets for the inconvenience

New Delhi: The State Bank of India's one more step towards giving the best services to its customers. India's largest public sector bank is set to upgrade its internet banking platform to provide for a better experience.    SBI says, "We request our esteemed custome
Posted Date :  19-11-20

Read more

PMC Bank revival mode as investors are showing interest

Maharashtra: After a massive loss faced by the Punjab and Maharashtra Cooperative Bank, there comes a ray of hope from some investors of the Business group. these groups have shown interest in the revival of the beleaguered PMC Bank.   It has been said that there are few enquiri
Posted Date :  18-11-20

Read more

RBI imposed a penalty on the Central Bank of India of Rs 50 lakh

New Delhi: RBI, Reserve Bank imposed a penalty of Rs 50 lakh on the Central bank of India for non-compliance with its directions on disbursal of some housing loans, on Tuesday said.    RBI mentioned in its statement, "Reserve Bank of India (RBI) has, by an order dated Novem
Posted Date :  17-11-20

Read more

Huge rise in BOI Q2 net profit jumps 97 percent

New Delhi: Bank of India a Public sector lender on Friday posts a net profit of Rs 526 crore in the September quarter of FY21, up 97% year on year (YoY), owing to a 22% rise in other income on a year-on-year basis to Rs 1,613 crore. Profit growth was supported by net interest income (NII), which
Posted Date :  07-11-20

Read more

Know which Banks will levy charges on deposit and withdrawing money

New Delhi: Some of the Private and Public undertaking banks including Bank of Baroda and Axis Bank will now charge from their customers on deposit and withdrawing money. As per reports, the Bank of Baroda will start charging its customers for transactions beyond the prescribed limits from Novembe
Posted Date :  02-11-20

Read more

A penalty imposed on jio payment bank by RBI

New Delhi: The reserve bank of India has imposed the penalty of Rs. 1 crore on  Indian payments bank, Jio payment bank for not following the guidelines of RBI.    The jio payment bank has faiLed to follow the RBI directions on timely submission of application in the case of
Posted Date :  31-10-20

Read more