Financing Industrial sector is one of the National Priorities for any bank. We have a share of 16.52% of our total advances as of 31/03/2009 to Industrial Sector.
With a view to promote industrial activities & extend support for employment generation, we have sponsored establishment of Vishweshwar Industrial Premises (VIP) a Co-operative Industrial Estate having nearly 100 industrial galas. This project is situated in Bhosari Pradhikaran area. Now it is complete & Operational. Initially we have financed to the society & subsequently to the gala holders for purchase of galas and machinery as well as working capital requirements.
It is one of the best & ideal co-operative industrial setups for the benefit of various tiny & small scale industries. We have opened our 14th Branch at Bhosari on 15/11/2008 in the same co-operative industrial estate to cater to the needs of all industries in the society as well as in the vicinity.
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