Corp Bank opens SME loan centre

Corporation Bank has sanctioned more than Rs 3,000 crore from April to October through its SME (small and medium enterprises) loan centres across the country. The bank said in a press statement said it opened its 17th SME loan centre in Delhi on Saturday. It plans to open nine more during the current fiscal. The bankaccorded a cumulative sanction of Rs 3,006 crore in 2,281 accounts from April to October through its SME loan centres.