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Industry & Economy - SSI


Dena Bank in pact with SMERA

Our Bureau

Mumbai , Jan. 29

DENA Bank has tied up with the SME Rating Agency of India Ltd (SMERA) for rating their small and medium enterprise clients.

As per this agreement, SMERA and Dena Bank will work together for popularising each other's services and products among their clients. The initiative will help Dena Bank enhance the flow of credit to the SME sector and also to build a healthy credit portfolio. While the bank can reduce the processing time, the SME units will be able to get loans at competitive interest rates.

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