Karnataka Vikas Grameena Bank to organise MSME credit campaigns in the state
Updated: Sep 13, 2013 01:58:50pm
KVGB is a regional rural bank sponsored by the Syndicate bank.
It will be conducting series of grama sabhas - a minimum of four gram sabhas by each branch at different places within their area of operation to popularise MSME projects and finance options to those projects.
The chairman of the KVG Bank, will launch the campaign at a function to be held at Subrahmanya Sadan here on September 14.
He will distribute the loan sanction letters to the beneficiaries covering 42 branches of the bank in districts of Dakshina Kannada and Udupi.
According to a media report, the bank has set a target of disbursing around Rs 20 crore of MSME credit in Dakshina Kannada and Udupi districts from September 15-21. (KNN/SD)