Worldwide, the Micro, Small & Medium Enterprises (MSMEs) have been accepted as a major engine of economic growth and for promoting equitable development. The major advantage of the sector for India is its high employment potential at low capital cost. The labor intensity of the MSME sector is much higher than that of the large enterprises.
Union Bank is committed to extend its best services to MSMEs and at a very competitive price. You can benefit immensely from cluster specific schemes formulated to suit the needs of your industry. |