Union Bank of India has completed disbursement of more than Rs 1000 crore of loans to Women Entrepreneurs under its flag ship scheme Union Nari Shakti. Union Nari Shakti is identified as one of the niche products of the Bank to achieve market leadership. The scheme envisages sanction of need based credit facilities to Women Entrepreneurs in the range of Rs 2 lakh to Rs 10 crore with liberalized terms.
As part of its vision to assist larger number of Women Entrepreneurs, Union Bank of India conducted a month long campaign under Union Nari Shakti scheme and during the said campaign period, Union Bank of India disbursed record amount of more than Rs 1,000 crore to 10000 + Women Entrepreneurs across the country.
Union Bank of India is one of the largest government-owned banks of India. The Bank offers products and services in three categories - Deposits, Loans and Advances, and Remittances & Collections.
