Punjab & Sind Bank launches outreach program to boost credit growth in retail, agri & MSME sector

New Delhi, July 15 (KNN) The Punjab & Sind Bank (PSB) have launched a nationwide Credit Outreach Programme from July 11 to July 31.

The bank’s initiative will help in strengthening customer connect and augment credit growth under Retail, Agriculture & MSME segment.

Currently, PSB is running a MSME business mobilization campaign 'PSB MSME SATKAR PLUS' wherein the Bank is offering the most competitive Rate of Interest with NIL processing fee.

Various other initiatives have also been taken up by the bank for adequate and timely credit delivery. They have also reduced the rate of Interest on RAM Segment products.

PSB is also planning to hold various customer meets across the nation for the mobilisation of business during the ongoing credit outreach program.

Punjab & Sind Bank, which celebrated its 115th foundation day on June 24, 2022, reported a net profit of Rs 1,039 crore for FY 22. (KNN Bureau)