Corporation Bank has bagged the ‘Best MSME Bank - Winner 2018’ award instituted by the Assocham. Shivanand Hebbar, DGM, received the award from Chief Minister of Meghalaya Conrad K Sangma at the ‘6th Assocham SMEs Excellence Award – 2018’ in Delhi on Wednesday.
It said that the award was conferred based on the bank’s performance in SME (small and medium enterprise) segment. The bank has designated 177 branches across the country as ‘specialised MSME branches’, and enabled online loan application facility for MSME borrowers. The release said that the bank offers interest concessions to women entrepreneurs and rated units.