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Corporation Bank opened its ninth SME loan centre in the country in Kolkata on Wednesday.
A press release said here that Mr Ajai Kumar, CMD of the bank, launched the SME (small and medium enterprise) loan centre in the presence of Mr Ashwani Kumar, executive director of the bank.
Other SME loan centres of Corporation Bank are located in Delhi, Hyderabad, Bangalore, Chennai, Coimbatore, Pune, Mumbai and Vadodara.
The release said that the SME loan centres have been opened to give fillip to the bank’s efforts to augment the flow of bank credit to the SME segment.
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