Trinuleveli, Jul 13 (KNN) Canara Bank has inaugurated ‘MSME Sulabh’ at its regional office in Palayamkottai to handle the MSME credit proposals.

According to an official statement issued by the bank on Monday, the ‘MSME Sulabh’ is a business model of the bank for centralised processing of MSME credit proposals.

"It will undertake end-to-end processing, sanctioning and disbursement of credit requirements of MSME entrepreneurs thereby reducing the turn around time to the minimum level," the statement added.

It was inaugurated on Monday by Murugesh, General Manager, District Industries Centre, Tirunelveli and Mariammal, General Manager, DIC, Tenkasi in the presence of G R Dilli Babu Deputy General Manager, Canara Bank, Regional Office, Tirunelveli.