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Coimbatore, Dec. 2

Bank of India is in the process of conducting SME Customer Meet across cities to get a feedback about their problems which centres around power disruptions and demand compression. SMEs, bankers say, are asking for a moratorium on term loans ranging from six months to a year, easing of margin requirements, lowering rate of interest and so on. After completing the first such meet at Madurai, the bank organised a meet for its SME customers in Coimbatore last week. Mr P.V. Kri shnamurthy, Zonal Manager (Coimbatore) has assured to extend maximum possible support from the bank side, particularly in taking up the matter with the concerned agencies on release of subsidies. —

Our Bureau

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