Union Bank organizes Mega MSME Credit Camp in Hyderabad

Hyderabad, Dec 18: Union Bank of India organized Mega MSME Credit Camp here on Saturday as part of its ongoing MSME Festive Bonanza Campaign.
Bank Executive Director Nitesh Ranjan, flagged off the Mega Camp.During this Special camp day, Hyderabad Zone has mobilized 400 plus new business accounts amounting to Rs.1600 Crore, the bank said in a release here.
In order to give further impetus to the MSME sector commemorating Azadi ka Amrit Mahotsav, the bank launched a special scheme MSME Festive Bonanza Campaign from November 15 this year offering competitive interest rates.
On the occasion a series of MSME credit camps have been conducted pan India across 125 Regions covering 18 Zones.
Bank’s Hyderabad Zone also launched a Cashless Campus facility providing Digital Payment gateways to 51 Educational Institutions in Telangana State to take care of the fee collection digitally.
Along with this, it also provided 9500 plus Fastag to the entire Bus-Fleet of Telangana State Road Transport Corporation (TSRTC).