Federal Bank opens branch at Tambaram

Staff Reporter

TAMBARAM: "Banks should come forward to serve the needy traders and students of Tambaram," S.R. Raja,Tambaram MLA, said while inaugurating the Federal Bank branch on Friday at Tambaram.

He asked bank officials to disburse loans to educated borrowers who ventured into businesses.

Towards SME

Bank CEO and Chairman M. Venugopalan said the bank's business was predominantly in Small and Medium Enterprise (SME) and retail segments. He explained many of the loan schemes of the bank, particularly targeting the SME sector.

Tambaram Municipal Chairman E. Mani; S.P. Baghavandas Reddiar, chairman, Kasthuri Hospital, Tambaram; K.S. Mohan, DGM and Regional Head of the Bank and Branch Manager K.K. Narayanan participated.

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