Allahabad Bank has opened 35 MSME Hubs at different locations, pan India. With the opening of these specialised MSME Hubs, the Bank aims to serve the emerging MSME Sector of the country in a better and focused manner.
Allahabad Bank's 35 MSME Hubs shall function as centers of excellence for MSME credit dispensation by ensuring quick processing/ sanction and meticulous observance of Turn Around Time (TAT). Credit proposals pertaining to Service, Manufacturing Industry, Business, Trade and Agro Processing units (SIBTA) will be the target areas of the Hubs. This initiative is also a part of Bank's present focus on growth of SMARt (Small, Medium, Agriculture & Retail) loan Book.
Allahabad Bank is a nationalised bank with its headquarters in Kolkata. It is the oldest joint stock bank in India.
