Union Bank of India of India was established in the year 1919. It headquarters is in Mumbai. The Head Office building of the bank was inaugurated by Mahatma Gandhi in 1921. Continue reading “Union Bank of India Business Loans for MSME”
Punjab National Bank (PNB) commenced its operations on April 12, 1895, from Lahore. Over the long history of the bank, spanning 122 years, 7 banks have been merged with PNB, and it has become stronger and stronger with a network of 6,937 Domestic branches and 10,681 ATMs as on March 31, 2017.
Bank of India is another of major public sector banks. It was established in 1906 in Mumbai. Bank of India formulated its MSME Policy in 2005 which was duly approved by Board of Directors. The bank took comprehensive measures and initiatives to meet the credit requirements of MSMEs like Single-Window dispensation, quick decision with least turnaround time through especially constituted MSME Cells, and above all, better service.
State Bank of India (SBI) is the largest public sector bank in India. SBI has developed a wide range of products and services to cater to the needs of SME sector. The bank has been playing a pivotal role in development and growth of SME businesses in India. Continue reading “SBI Business Loans for SME”
Small and Medium Sized Enterprises (SMEs) are the backbone of every economy. However, SMEs find it difficult to fund their business because of their small stature. With the advent of FinTech companies, it is becoming easier to apply for loans through online platforms. These FinTech startups are providing a straightforward and easy platform for SMEs to get loans at affordable rates. We have compiled a list of the Best SME Loan Marketplace Startups in India for 2017.