The Allahabad Bank organised a mega SME credit camp here on Monday.
MSME Secretary Panchanan Dash and Utkal Chamber of Commerce president Ramesh Mahapatra graced the occasion as guests. Bank’s Zonal Head and DGM Dinesh Kumar addressed customers on the occasion. Officials of 25 urban and semi-urban branches of Bhubaneswar, Cuttack and Puri participated in the camp. A total of Rs52 crore was sanctioned and disbursed to more than 100 MSME entrepreneurs. The share under SME advance of the zone to total advance is 25.15 percent. The Bank is celebrating 150 years of its foundation. The bank has 89 branches with ATM facilities in the State.