SBI’s new plan for Small Industries Loan!
Posted on: 06/Oct/2014 2:33:29 PM
The Chairperson of the State Bank of India, Ms. Arundhathi Bhattacharya has has announced that SBI will open special branches for advancing loans to the small-scale µ industries.
The Chairperson informed that the current procedures and policies adopted by SBI for these loans have not been successful in bringing the desired results.
Hence, it is planned to start separate special branches for this purpose. This will result in distribution of more loans and also will facilitate timely recovery of the extended loans.
