A ‘Retail-cum-MSME Expo’ was conducted by the Canara Bank here on Sunday in which spot loan sanctions to the tune of Rs.94 crore were made for several retail segments and Rs.49 crore for micro, small and medium enterprises.
In his inaugural address, R. Sampath Kumar, General Manager and Circle Head, explained the purpose of organising such camps that facilitated direct interaction of bank officials with the public. He also handed over loan sanction letters to the beneficiaries. Vehicle dealers, real estate promoters and insurance companies participated in the expo, according to a Canara Bank press release.
N. Satya Varma, Divisional Manager, welcomed the gathering and P. C. Damodaran, Assistant General Manager, proposed a vote of thanks.
