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Bangalore March 26 Syndicate Bank has entered into an MoU with CARE, one of the leading credit rating agencies in the country. The MoU was signed today to utilise the services of CARE for supporting SMEs by making available affordable, transparent, comprehensive and reliable rating services to enhance credit acceptance.

A Syndicate Bank release said that the rating would also provide independent and objective opinion for evaluating infrastructure, corporate and other loan exposures of the bank. The rating services provided by CARE will be an independent third party assessment of the overall condition of SMEs, the release added.

More Stories on : Alliances & Joint Ventures | Public Sector Banks | Credit Rating

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