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Bhopal: Central Bank of India has fixed the target of extending loans to the tune of Rs 1000 crore to businessmen and traders in the Bhopal Region, which includes Bhopal, Sehore, Raisen, Vidisha and Rajgarh districts.

Entrepreneurs, whose CIBIL score is more than 800 will be given concession in interest rate.

On Tuesday 30 August, BR Ramakrishna Nayak, Regional Head, Central Bank of India, in association with Bhopal Chamber of Commerce and Industries (BCCI) held a meeting with businessmen, traders industrialists and entrepreneurs.

BCCI President Tejkulpal Singh Pali said that the MSMEs have been affected the most due to COVID-19. To improve their business, people associated with different business activities should take the benefit of different bank schemes catering to their needs, Pali said. 

Bank’s Zonal Head Tarsem Singh Zira, BCCI Vice President Sunil Jain, Arvind Jain, and General Secretary Aditya Jain were prominent among those present.