Lucknow: A significant meeting was held between Union Bank of India and the Indian Industry Association to enhance dynamics in the industrial sector. Union Bank’s General Manager, Rajesh Kumar, provided detailed information about the bank’s various schemes, including equipment finance for machinery purchases, Ayushman Plus for healthcare, Nari Shakti for women entrepreneurs, and specialized plans for the hospitality sector.
The bank has also established MSME-focused branches and processing centers to streamline loan approvals. Furthermore, Union Bank introduced a technology-enabled loan approval system for faster online applications.
The Indian Industry Association’s President, Vikas Khatra, highlighted the importance of the MSME sector and appreciated the bank’s contributions to strengthening the economy. Secretary Vaibhav Agarwal praised the initiative, emphasizing the role both parties will play in national economic progress.
Regional Head Markandey Yadav concluded the event with gratitude and commitment to customer service.
