Central Bank sanctions Rs 127 cr via MSME outreach
The Central Bank of India (CBI) successfully organised a “Nationwide Mega MSME Credit Outreach Program” at Narela in North Delhi, sanctioning loans worth Rs 127 crore to boost small and medium enterprises.
The mega credit camp, held at Shiv Mandir Agarwal Dharamshala in Purani Anaj Mandi, Narela, was conducted under the guidance of CBI Delhi South Regional Head Munish Kumar, Zonal Office Deputy General Manager Anil Kumar, and Deputy Regional Head Mandeep Kumar.
The programme witnessed enthusiastic participation from a large number of Micro, Small, and Medium Enterprises (MSME) customers, local entrepreneurs, and various industrial business units from the region. During the main event, MSME loan sanction letters were distributed directly to the beneficiaries by the Regional Head, marking a significant step towards strengthening institutional credit support for the local manufacturing and trading sector.
Simultaneously, special credit camps were held at different strategic locations by various bank branches falling under the Delhi South region, culminating in the aggregate sanction of loans amounting to Rs 127 crore.
To ensure seamless banking support and provide prompt assistance to the visiting entrepreneurs, the bank established dedicated customer service stalls and facilitation desks at the venue. The participants actively shared their feedback and suggestions during the interactive sessions of the programme.
Senior bank officials stated that the high-volume credit outreach event reflects the continued commitment of the Central Bank of India towards empowering MSMEs, fostering entrepreneurship, and promoting inclusive economic growth through proactive, customer-centric banking initiatives in the national Capital.
