Indian News Service

www.indiannewsservice.blogspot.com Provides interesting news relating to corporate Happenings,IPO's which includes Comments\Rating on IPO's,stock watch, Business,Finance, Product launches Banking,Technology etc..We will continuously be updating interesting events for the benefit of the visitors to the site. Keep Following up the Posts. We also do the syndication of news. Editor:P.B.Srinivasan,Dy.Editor-Kamala Srinivasan. FOLLOW US IN GOOGLE+ AND IN TWITTER ALSO.

Friday, October 26, 2012

Mr.Ashwani Kumar,,ED ,addressing the media.

CORPORATION BANK Launches 'SME Grand Festival Loan Bonanza'.

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.