Fincare Small Finance Bank begins its operations in city
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Amritsar, November 30
Fincare Small Finance Bank has commenced its operations in Punjab by opening its first branch in the holy city.
The bank eyes on becoming a holistic banking partner to SMEs and MSMEs with a comprehensive suite of products and services. It opened its branches here to strengthen its footprint in the granary of India.
Dr Ashish Chabra, CEO, – retail banking, fincare small finance bank, said, the expansion would address the banking needs of a variety of customer segments, ranging from the entrepreneurs to retailers, for industry sectors ranging from panel pins, paper-cutting, engineering goods, printing and machinery, electric fans, chemicals, and textiles including silk, cotton, etc. to name a few.
The new branch shall offer a wide range of products such as loans against gold, savings, and current account with Sweep in – Sweep out facility, besides offering attractive interest rates on all types of deposit products.