Page 27 - Banking Finance December 2018

A

tate Ban of n ia B a it o n i of n ia si n Mo on

ero efe t ero ffe t ertifi ation for M M s

B eco es the first Ban to si n a Me orand of nderstandin ith on the ero efect ero ffect
ertification che e of Ministr of Micro a
Medi nterprises M M o ern ent of ndia.
Brief this Mo i pa e a for a co a orati e
arran e ent on i p e entation of on a nation
ide sca e on specific acti ities ai ed for the enefit of
M M s. Both B i define a strate ic
fra e or to ta e for ard the ision of on e ri e
Minister for a in o r M M s adopt ero efect
ero ffect practices.
he ertification che e of Ministr of M M is
ai ed at enhancin the o a co petiti eness of ndian
M M s on a it and en iron ent aspects in their
s ste s and processes. t is a contin a i pro e ent
ratin sche e in o in andho din and ertification
of M M s ith financia s pport fro the o ern ent
of ndia. Ministr of M M has no inated as the ationa Monitorin and p e entin nit M of this che e.
o far ore than 2 M M s ha e re istered for and an tate o ern ents are a read incorporatin
in their nd stria o icies. s a part of this Mo ith B has decided to offer concessions in ricin processin
char es for M M s ha in etter ratin s. B is a so considerin incorporatin ratin as a para eter in its
Ban s interna ratin s ste .

ttention s ri ers

his is to infor a s scri ers that the rate of o r o rna is ein re ised fro . 2.2 . he ne tariff of s scription
is as e o .
e s ription Rates of Ban in inan e ar op ition ith effe t fro . 2.2
erio t a ri e is o nte ri e or inar post e i er o rier rprise ift
ear 2
ears 2
ears es

m nt ptions
. B e and raft a a e at par che e in fa o r of B R M
2. irect deposit cash in o r an acco nt n er 2 2 27 of B R M
Ban of ndia Road Branch. o ata ndia ode B 2 and send s cop of a in s ip e ai
fa .
. eposit che e in o r an acco nt in o r cit and send s cop of a in s ip e ai fa .
. Ma e on ine pa ent at o r e site .saship ications.co
or n u r p s cont ct
ashi i ations o he ns rance i es 2 Baranashi hosh treet ear irish ar o ata 7 7
hone 7 2 2 22 22 orta . i a a aar.co e site .saship ications.co

B CE | DECEMBER | 201 | 2