Corporation Bank, the Mangalore-based lender has introduced its ninth SME loan centre in the country in Kolkata on July 18, 2012. The centre was formally inaugurated by Ajai Kumar, CMD of the bank in the presence of Ashwani Kumar, executive director of the bank.
These SME loan centres have been opened to give fillip to the bank’s efforts to augment the flow of bank credit to the SME segment. Other SME loan centers of Corporation Bank are located in Delhi, Hyderabad, Bangalore, Chennai, Coimbatore, Pune, Mumbai and Vadodara.