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Indian Bank's new loan product
By Our Corporate Reporter
CHENNAI
FEB. 24.
Indian Bank is coming out with a customer-friendly structured loan product. The `Annapoorna and Aroghya scheme', to be launched on February 26, would target mid-sized hotels, restaurants, food joints, bakeries, tea stalls among others catering to the growing middle class segment.
Under the scheme loan would be extended for purchase of utensils, renovation of premises, purchase of van and other items required for carrying out the business.
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