PUNJAB & SIND BANK SETUPS CEN-MARG FOR MSME FOR CREDIT FACILITIES

MD & CEO of Punjab & Sind Bank S. Harisankar has set up the Centralised MSME & Retail Group (Cen-MARG) for credit facilities at its head office in New Delhi.This will help branches focus better on lead generation for retail and MSME lending and enhanced customer service.The Cen-MARG would be linked with pan-India branches in a phased manner.Now, all MSME and retail credit approvals will be performed at this centralized setup.The bank is aiming to bring about much-enhanced customer satisfaction through this initiative.On 24 June 1908, Bhai Vir Singh, Sir Sunder Singh Majitha, and Sardar Tarlochan Singh established Punjab & Sind Bank. The headquarters of this bank is in New Delhi.

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