Syndicate Bank’s scheme for women

Syndicate Bank has launched a special advance scheme for empowering women entrepreneurs, according to Executive Director TK Srivastava. Women entrepreneurs, he said, can get loans of up to ₹5 crore at low interest rates under the Synd Mahila Sakthi scheme. The are no processing charges, and the bank has so far sanctioned 17,500 loans to women entrepreneurs.