Punjab & Sind Bank sets up Cen-MARG

Punjab & Sind Bank has set up a centralised hub “Centralised MSME & Retail Group”. It will process retail and MSME loans for the better efficiency of branches in business acquisition. The Cen-MARG has been envisioned to ensure qualitative improvement in credit appraisal, improved turnaround time, uniform documentation, and efficient monitoring.

Static/Current Takeaways Important For RRB NTPC/IBPS RRB Mains:

  • MD & CEO of Punjab & Sind Bank: S. Harisankar.

Source: The Business Standard

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