PNB conducts MSME Loans camp in Pune

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Pune, 15th February 2022:  A ‘ MSME Loan Camp’ for micro, small and medium enterprises was organized by Punjab National Bank Circle Office,Pune at The Pride Hotel Today.

The Camp was inaugurated by Mr. Hemant Kulkarni, Circle Head, Punjab National Bank, Pune. Mr Ashish Das(Deputy Circle Head) Mr.S.Balaji

( MCC Head), Mr. Sanjiv Dhamija( PNB Loan Point Head) Mr.Chandan Yamyar (Chief Manger ) and Bank’s potential MSME customers were present on this occasion.

Mr. Hemant Kulkarni stressed on the importance of MSME sector in the economy. MSMEs are backbone of country’s economy contributing towards economic development and also generate employment opportunities. PNB has various attractive and competitive loan schemes for this sector too. The Loan camp is organized to bring out awareness among the entrepreneurs about PNB’s various MSME schemes with simplified sanctioning processes.

While speaking about Bank’s position he said Our Bank is the second largest Bank in India having Total business of Rs. 18.82 Lakhs Crore. The Bank is successful in reducing the NPA and improving overall financial strength in last two years including improvement in the capital adequacy ratio. PNB had extended complete support by way of additional credit linkage to the enterprises during COVID-19 pandemic situation.

Over 100 MSME borrowers from 60 branches attended the loan Camp.