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Mega MSME outreach camp boosts financial access for entrepreneurs

By Lokmat English Desk | Updated: March 3, 2025 20:20 IST

Chhatrapati SambhajinagarFinancial solutions took center stage at the Mega MSME Outreach Camp on Monday, where over 250 entrepreneurs ...

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Chhatrapati Sambhajinagar

Financial solutions took center stage at the Mega MSME Outreach Camp on Monday, where over 250 entrepreneurs explored new banking schemes tailored to their needs.

Union Bank of India and MASSIA organized the event at the Anil Vishwasrao Chavan Auditorium, offering critical insights into loan facilities, government-backed initiatives, and digital banking solutions. union Bank of India’s general manager Manoj Nanda assured business owners of the banking sector’s commitment to MSME growth. “Immediate financial assistance is now more accessible, thanks to our new banking schemes,” Nanda stated, emphasizing the sector’s role in India’s economic development. The event, which saw enthusiastic participation, featured guidance on loan processes, grant schemes, and financial inclusion initiatives. MP Sandipan Bhumre, the chief guest, urged banks to implement more people-centric policies to ensure sustainable economic growth. Regional head Sunil Kumar Yadav outlined union Bank of India’s business-friendly financial schemes, while deputy regional head Manish Kumar and MSME loan point head Nishit Raj Singh highlighted the ease of banking services for small businesses. Experts such as Vijay Chavan and Ashish Patel explained financial inclusion initiatives and retail loan options, encouraging entrepreneurs to leverage available facilities.

MASSIA president Chetan Raut and other representatives stressed the importance of such initiatives in fostering local industry growth. Senior bank officials, including Dhiraj Kumar Ghuge, Deepak Sabe, Ratnasagar Dongre and Vijay Chavan were present to address entrepreneurs’ queries.

The event concluded with an interactive session, where entrepreneurs such as Tukaram Potale, Ashish Kumar Pal, Anant Sathe, Abhay Deshmukh, and Janardhan Autade actively engaged with banking officials. Anchors Jyoti Devkar and Madhuri Javadwad facilitated the discussions, while Manish Kumar delivered the vote of thanks.

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