Bangalore, May 2 (KNN) Corporation Bank has opened a Small and Medium Enterprises (SME) Loan Centre at Mission Street here and also launched its redesigned branch at Malleswaram.

The redesigned branch and new SME Loan centre inaugurated earlier this week are done as a part of Project Sankalp initiated by the Bank in January 2013.

Project Sankalp is the business process re-engineering and organizational transformation journey started by the bank. Through this project the bank aims to build a digitally enabled, customer centric operating model which will help the bank to embark on an accelerated growth path for realizing its vision of emerging as a leading and most admired public sector bank in the country. 

The Chairman and managing director of the bank, Ajai Kumar inaugurated the centre here in the presence of Amar Lal Daultani, executive director of the bank.

The SME loan centre is presently redesigned as part of the project Sankalp. The centre has now been made ‘standalone’ which means the SME loans will be originated, processed and sanctioned at the same place. The work-flow process has been made customer-friendly to reduce the turnaround time and the facility of tracking the application step-by-step is also made available. A special marketing team has been set up to facilitate end-to-end application file preparation with tech-enabled tools to improve the team’s performance. (KNN)