Union Bank of India organises MSME credit camp in Hyderabad

Hyderabad: Union Bank of India organised a mega MSME credit camp at Hyderabad as part of its ongoing nationwide MSME Festive Bonanza Campaign. Nitesh Ranjan, ED, Union Bank of India flagged off the mega camp. During this special camp day, Hyderabad Zone has mobilised over 400 new business accounts amounting to Rs 1,600 crore. The […]

Hyderabad: Union Bank of India organised a mega MSME credit camp at Hyderabad as part of its ongoing nationwide MSME Festive Bonanza Campaign.

Nitesh Ranjan, ED, Union Bank of India flagged off the mega camp. During this special camp day, Hyderabad Zone has mobilised over 400 new business accounts amounting to Rs 1,600 crore.

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The bank’s Hyderabad Zone also launched a Cashless Campus facility providing digital payment gateways to 51 educational institutions in Telangana to take care of the fee collection digitally. Along with this, it also provided over 9,500 FASTags to the entire Bus-Fleet of Telangana State Road Transport Corporation (TSRTC).

In order to provide impetus to the MSME sector commemorating Azadi ka Amrit Mahotsav, Union Bank of India launched a special scheme called MSME Festive Bonanza Campaign from 15th November 2021 offering competitive interest rates.

A series of MSME credit camps have been conducted pan-India across 125 regions covering 18 zones. This Mega MSME Credit Camp is being organised at various centers across India.

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