Canara Bank’s MSME Cluster Outreach Program Receives Excellent Response; Organized by Bengaluru Circle Office

Canara Bank’s MSME Cluster Outreach Program has garnered an excellent response, reflecting the bank’s commitment to empowering micro, small, and medium enterprises (MSMEs). The Bengaluru Regional Office successfully organized a two-day mega event on December 6 and 7, 2024, focusing on the Electronic City Industries Cluster and the Chamarajpet Printing Cluster.

The program attracted over 850 entrepreneurs, providing them with access to various MSME schemes aimed at fostering sustainable credit growth in the sector. Shri K. Satyanarayana Raju, Managing Director and CEO of Canara Bank, graced the occasion in person and led the program at the Chamarajpet Printing Cluster alongside Bengaluru Regional Head Shri Mahesh M. Pai. During the event, sanction letters worth more than ₹50 crores were distributed to MSME beneficiaries.

In total, MSME proposals exceeding ₹200 crores were approved over the two days, highlighting the success of this initiative and Canara Bank’s dedication to supporting MSME growth and development.