Date:31/12/2008 URL: http://www.thehindu.com/2008/12/31/stories/2008123155571500.htm

Business - Briefly

Union Bank branches for MSME sector

CHENNAI: Union Bank of India has announced that 100 specialised business banking branches will focus exclusively on the MSME (micro, small and medium enterprise) sector. According to a release, they are meant for customers in this segment with limits up to Rs. 35 crore or having a turnover of less than Rs. 1,000 crore. — Corporate Reporter