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Indian Bank's online training in local dialects, a boon to MSMEs


Indian Bank’s online training in local dialects, a boon to MSMEs
Chennai |
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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 Pradesh , Andhra Pradesh , Tamil Nadu , Nirmala Sitharaman , Padmaja Chunduru , Indian Bank , Poornatha Co , Programme Adviser , Chennai Headquartered Indian Bank , Finance Minister Nirmala Sitharaman , Managing Director , உத்தர் பிரதேஷ் , ஆந்திரா பிரதேஷ் , தமிழ் நாடு , பத்மஜா சுண்டுரு , இந்தியன் வங்கி , நிர்வகித்தல் இயக்குனர் ,