Corporation Bank opened an SME loan centre in Ludhiana on Wednesday. SME clusters, such as auto components, hosiery, machine tools, hand-tools, forging, and bicycle parts in and around Ludhiana would benefit from this initiative, a press statement from the bank said. Inaugurating the centre, SR Bansal, Chairman and Managing Director, said that the Ludhiana SME loan centre is the eighth centre to be operationalised by the bank.