State Bank of Patiala (SBoP) had launched a scheme “SME Bonanza Campaign” for small and medium entrepreneurs for sanction of fresh loans. The bank scheme worked out successfully. Following this bank organized “SME Customer meets” at various intensive centers throughout the country.
An official statement released from the SBoP headquarters in Patiala on Saturday stated as part of the campaign, the Bank organized a customer meet at Chandigarh to identify prospective customers.
The industrialists from the Industrial estate of Mohali attended the meet. The Bank main aim was to target fresh SME business of Rs.700 crore during the campaign, which has already obtained applications aggregating Rs.450 crore since January 1, this year.
The meet was presided over by the SBoP General Manager (Planning and Development), Sebastian Chacko, Deputy General Manager (Development Banking) from the bank’s Head Office, Ranjit Datta and Deputy General Manager (Chandigarh Zone), C.S. Kang.
At the same time the Bank launched a powerful campaign for financing the agriculture sector in Punjab. At Sudhar village in Ludhiana district on Saturday, it organized a farmers’ meet.
Around 600 farmers attended the meet where the SBoP officials made a presentation on the bouquet of products developed exclusively to meet the needs of the Punjab farmers.
These included finance proposals related new ventures like commercial dairy, horticulture and net house farming.
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