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Indian Bank’s online training in local dialects, a boon to MSMEs Chennai | Updated on × G Balachandar Rarely do we see a public sector bank undertaking an out-of-the-box initiative. But Chennai-headquartered Indian Bank appears to have shown the way that public sector banks can go beyond the business of lending and do their bit to support micro and small entrepreneurs. Indian Bank has always been a frontrunner in MSME (micro, small and medium enterprise) lending, with credit exposure of over ₹68,800 crore and has several schemes for these entities. A huge impact But its unique MSME Prerana, an online training and business mentoring programme in local dialects using simple terminologies, has created a huge impact on small entrepreneurs at a time when MSMEs are grappling with various issues such as closure of units, disruption in delivery schedules, payable and receivables.

Uttar pradeshAndhra pradeshTamil naduNirmala sitharamanPadmaja chunduruIndian bankPoornatha coProgramme adviserChennai headquartered indian bankFinance minister nirmala sitharamanManaging directorஉத்தர் பிரதேஷ்ஆந்திரா பிரதேஷ்தமிழ் நாடுபத்மஜா சுண்டுருஇந்தியன் வங்கி