New Delhi: Shishram Tundwal, Zonal Head, Central Bank of India, stated that the Central Bank has been working shoulder-to-shoulder for the country’s economic progress for the last 115 years. The bank’s objective is to empower the MSME sector—which is the backbone of India’s financial economy—and provide them with simple, accessible, and affordable financial assistance for business expansion.
In this direction, the bank has designed several special schemes for MSME entrepreneurs so that entrepreneurs from every segment can receive financial support according to their needs. He further informed that the bank’s major MSME schemes include Cent Business, Cent Hotel, Cent GST, Cent Sanjeevani, Cent Shop, Cent CA, etc., which are specially designed for different types of businesses.
Anil Agnihotri, Regional Head Delhi South Region, shared that the Central Bank of India will organize a nationwide MSME Credit Outreach program on 21 November. A grand event will also be held in Delhi as part of this initiative.
He mentioned that the bank has launched a special scheme for MSME entrepreneurs— ‘Ghar Wapsi and Swagat Yojana’, under which:
• Former/previous customers who reconnect with the bank and resume business will be given a 100 per cent waiver on processing fees.
• New MSME customers joining the bank for the first time will receive a 50 per cent waiver on processing fees.
Agnihotri stated that the Central Bank of India gives top priority to the needs and convenience of its customers and will continue to support MSME entrepreneurs in business expansion, employment generation, and contributing to economic development.