UBI distributes MSME loans to 102 customers

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A total of 102 customers belonging to Micro, Small and Medium Enterprises (MSME) sector on the 102nd Foundation Day of Union Bank of India (UBI), Regional Office Ranchi received loan approval letter. A loan of `68 crore, a loan of `7.58 crore among 100 customers in the retail loan category, a loan of 12.68 crore among a total of 253 customers in the agricultural loan category. Along with this, add 1055 Casa (Savings and Current Account) customers.

"MSME Loan Distribution Ceremony" was organised on the occasion of its 102nd foundation day of Union Bank of India (UBI) Region Office in the State Capital on Thursday

On this occasion, offering flowers on the photo of the Father of the Nation, Mahatma Gandhi, General Manager and Circle Head, Anil Kuril remembered the euphemism he gave to the customers on the occasion of the establishment of Union Bank of India, which the bank today is growing on the foot of continuous progress.

During the MSMI loan distribution camp, out of the above approved loan, 50 customers based in Ranchi were also received loan acceptance letters by UBI General Manager and Circle Head, Anil Kuril.

On the occasion, Kuril greeted all the present customers for upcoming festivals like Diwali and Chhath, saying that MSME customers play an important role in the development of the Country as well as their business.

Daily Pioneer
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