Punjab National Bank organises MSME credit camp at Hyderabad

The camp was inaugurated by Sanjeevan Nikhar, Zonal Manager, Hyderabad at MSME Development Institute, Balanagar

Hyderabad: Punjab National Bank has organised a MSME credit camp at Hyderabad to create awareness along with offering of credit support to entrepreneurs coming from various business sectors of MSME.

The camp was inaugurated by Sanjeevan Nikhar, Zonal Manager, Hyderabad at MSME Development Institute, Balanagar, and was attended by NVS Prasad Reddy, Circle Head, Hyderabad, Chandra Sekhar, Director, MSME Development Institute, R Veera Bhadra Rao, Deputy General Manager, NSIC, PT Srinath, Director FIEO, and other bank officials.

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Sanjeevan Nikhar said “In the prevailing times it is no exaggeration to call MSMEs as the backbone of the country as well as our Indian economy. MSMEs have contributed immensely towards country’s social-economic development and in generating employment opportunities. Punjab National Bank being the 2nd largest PSB, has extended complete support in regard to additional credit linkage to MSME units during the tough times of Covid-19 pandemic either in the form of GECL or Restructuring of loan accounts.”

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