New Delhi, July 3 (KNN) Punjab & Sind Bank has set up the Centralized Micro Small and Medium Enterprises (MSME) & Retail Group (Cen-MARG) for credit facilities at its head office in the national capital.

At this centralized set up, now all MSME and retail credit approvals will be performed. This will not only help branches focus better on lead generation for retail and MSME lending but also enhance customer service.

The Cen-MARG would be linked with pan-India branches in a phased manner.

Inaugurating the Cen-MARG, MD & CEO of the bank S. Harisankar, said “Cen-MARG has been envisioned to ensure a qualitative improvement in credit appraisal, improved turnaround time, uniform documentation and efficient monitoring.”

The bank is aiming to bring about a much-enhanced customer satisfaction through this initiative, he added.