SME
means Small and Medium Enterprises. The Bank finances for Small Business
activities which are of special significance to a large number of people as
many of these activities can be started with relatively lower investment and
with no special skills on the part of the entrepreneurs. This includes loan to
traders to meet normal business requirements. Large number of small and medium
enterprises are working in our country.
These enterprises are a source of employment to the local people. Such
enterprises mainly adopt labour intensive techniques even than finances are
required by them to meet long term as well as short-term credit requirements.
Banks provide a variety of facilities through the SME Service.
