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Thiruvananthapuram, Aug. 31

State Bank of Travancore has won the national award for commercial banks for excellence in lending to the micro and small enterprises sector for 2006-07.

The award has been instituted by the Ministry for Micro, Small and Medium Enterprises . SBT has won the national award for excellence in lending to the SSI sector consecutively for two years i.e. 2003-04 and 2004-05, a bank spokesman said here. The bank’s finance to small and medium enterprises sector as on March 31, 2007, was Rs 3433.71 crore, which represented a 41.22 per cent growth over that of the previous year. –

Our Bureau

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SBT bags award

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