Tuesday, November 18, 2014

#CanaraBank plans Micro Enterprises Business Centres in 47 locations across India

These Centres shall be functioning from the Circles offices of the Bank located in 47 centres and shall act as a Nodal point for all matters relating to micro enterprises segment including various government schemes under the segment such as PMEGP, Weavers Credit Card Scheme, National Urban Livelihood Mission etc.
Micro Enterprises Business Centres shall also be handling the business development functions of the Bank under micro enterprises, mentoring and handholding of micro entrepreneurs, conducting financial literacy and awareness camps and also function as a follow up and monitoring cell for advances under micro enterprises.
Identifying the aspiring entrepreneurs for entrepreneurial and skill development training, sponsoring them to the various training institutes of the Bank and post training handholding shall also be undertaken by the Micro Enterprise Business Centres.

Canara Bank is a premier nationalized bank having presence in over 5500 locations in India and with an exposure of over Rs.55000 crores for MSME sector,