Central Bank Of India Sanctions Rs 2.15 Billion To MSMEs

The MSME Credit Outreach Programme organised by the Central Bank of India at Kaushal Bhawan, New Delhi, concluded on a highly enthusiastic note, drawing significant participation from customers, MSME entrepreneurs and senior officials.

The event was chaired by the bank’s MD & CEO, Kalyan Kumar, who emphasised the crucial role of micro, small and medium enterprises in the national economy. “The MSME sector is the backbone of the country’s economy, and the Central Bank of India is committed to providing every possible financial support to entrepreneurs,” he said. Kumar encouraged business owners to consider the bank a dependable partner in their growth journey.

The programme opened with a welcome address by Shishram Tundwal, Zonal Head of the New Delhi Zone, who highlighted the zone’s performance and the bank’s MSME-focused initiatives.

During the event, the bank handed over sanction and disbursement letters worth Rs 2.15 billion to 75 MSME borrowers. The move is expected to boost entrepreneurship, support employment generation and stimulate economic growth across the region.

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