Indian Bank, Muthoot Microfin Sign MoU
Money & Banking
PTI
Chennai |
Updated on
November 08, 2019
Published on
November 08, 2019
Public sector Indian Bank on Friday said it has signed a memorandum of understanding with Muthoot Microfinance to serve micro, small and medium enterprises.
“Under the memorandum of understanding, the bank and the non-banking finance company will jointly lend to the MSME borrowers,” the bank said in a statement.
Indian Bank general manager-MSME Sudhakar Rao exchanged documents with Muthoot Microfin deputy CFO Praveen T in the presence of the bank’s managing director and CEO Padmaja Chunduru recently.
Published on
November 08, 2019
PTI
Chennai |
Updated on
Public sector Indian Bank on Friday said it has signed a memorandum of understanding with Muthoot Microfinance to serve micro, small and medium enterprises.
“Under the memorandum of understanding, the bank and the non-banking finance company will jointly lend to the MSME borrowers,” the bank said in a statement.
Indian Bank general manager-MSME Sudhakar Rao exchanged documents with Muthoot Microfin deputy CFO Praveen T in the presence of the bank’s managing director and CEO Padmaja Chunduru recently.
Published on
Former Army Maj. Gen. John B. Richardson IV Joins USAA To Lead Military Affairs
Two-star general and decorated combat veteran to bring forward-looking vision in continued service to military members a... Read more
Steeped In Tradition: USAA Kicks Off 124th Army-Navy Game Celebrations In A Massive Way, Honoring 250th Anniversary Of The Boston Tea Party
USAA honors history of rivalry game and the city, bringing giant bag of tea to Boston’s historic sites Read more
USAA Life Insurance Announces New Relationship With Trust & Will
USAA Life Insurance Company, a leading financial services brand for military members and their families, and Trust &... Read more
“Go Beyond Thanks:” New Survey Reveals We Should Do More Than Simply Thank Our Veterans For Their Service
Data Reveals Half of Military/Veterans Surveyed Feel Uncomfortable or Awkward When Someone Says the Phrase “Thank You ... Read more
USAA Expanding Education Program To Include Tuition-Free Support For Employees And Employee Dependents
Company also announces student loan 401(k) contribution match up to 8% Read more
USAA Life Insurance Company Introduces Fixed Indexed Annuity
New product provides tax-deferred growth along with principal protection to help build retirement savings. Read more