Indian Bank launched a MSME mentoring Programme in West Bengal

Indian Bank recently launched its flagship Business Mentoring Programme ”MSME Prerana” in West Bengal.

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MSME Prerana is a unique and innovative business mentoring programme in collaboration with Poornatha and Co. to empower MSME entrepreneurs in driving business more efficiently by optimizing value and capacity.

Indian Bank, with 598 branches in the state, had an exposure of Rs 8,566 crore to MSMEs as on March 21.

It posted a growth of 27.64 per cent in the MSME portfolio on a year-on-year basis in the state and is confident to continue the momentum in the current fiscal.

The bank has developed 28 MSME Cluster schemes for providing financial support at very competitive rates of interest and terms to various sectors.