Mysore, May 12 (KNN) The senior officials from the State Bank of Mysore (SBM) visited Mysore Industries Association (MIA) to take stock of the present status of industries in Mysore; aware them about the new investment opportunities in different sectors; and know the reasons for closure and sickness of industries.
 
 
Chief General Manager of SBM Sajeev Krishnan, during his visit on Monday, held discussions with the office bearers of the Association to take the first hand information of the status of Industries in Mysuru.
 
 
Suresh Kumar Jain, General Secretary of MIA requested Chief General Manager to provide adequate training in Central & State Government Sponsored Industrial Development Schemes like CLCSS, CGFT, PMEGP, KEGP, Cluster development, Skill development & Sick Industries Rehabilitation to the officers looking SME section of SBM.
 
 
“SBM is the lead Bank in Mysuru and the Industrialists proudly pronounce as My Bank but in some cases due to under-finance or over-finance some industries are in sick condition,” MIA said in a press statement.
 
Jain said that the bank officers should know the effects of “Over finance” and “Under finance” to SME’s. He urged the bankers to train the office bearers of MIA along with SBM officers.
 
 
“Krishnan assured to depute technical and finance expert of SBM head office to Mysore to provide required consultation and advice for the entrepreneurs of Mysuru which may help the healthy growth of industries,’ said MIA.
 
 
SBM General Manager Bangaru Raju was overwhelmed with the cordial relation of SBM with the industrialists.
 
 
MIA President P Vishwanth appreciated the visit of senior bankers and their interaction with the industrialists. (KNN Bureau)