|Mr.Ashwani Kumar,,ED ,addressing the media.|
The SME Loan Festival bonanza commenced on 20th october,2012 which offers ten SME schemes which are tailor made to suit the business requirements of SME's.They are:
1.Interest rate concession of 0.50%.
2.Additional interest rate concession of 0.25%
for women entrepreneurs.
3.50% concession on processing charges.
To achieve this the bank has opened SME loan centres in 14 cities across the country.