Archive · 8 Aug 2026
Central Bank of India MSME outreach generates Rs 150 crore business
A big bank called Central Bank of India held a special event in Hyderabad to help small business owners get loans.
The event happened on August 7 at a government office that helps small businesses in a place called Balanagar.
Important bank leaders came to the event, including General Manager Himanshu Gupta.
They talked with business owners and showed them what the bank can offer.
The bank promised to give loans faster and to help people who are new customers.
During the event, they handed out papers saying loans were approved.
The event was very successful and created business worth Rs 150 crore.
This includes loans already approved, loans that will be approved soon, and new customers interested in borrowing.
The bank also gave out Rs 25 crore in loans right at the event, which made many business owners happy.
Central Bank of India's Hyderabad region held an MSME outreach campaign on August 7 at the MSME Development and Facilitation Centre in Balanagar.
The campaign generated total business worth Rs 150 crore.
Business comprised Rs 40 crore in loan sanctions, Rs 60 crore in-principle sanctions, and Rs 50 crore in fresh leads.
Rs 25 crore was disbursed on the spot during the event.
General Manager Himanshu Gupta pledged faster credit delivery with focus on new-to-bank and new-to-credit customers.
- Who
- Central Bank of India's Hyderabad region, led by General Manager Himanshu Gupta, with Zonal Head M Pichayya, MSME Centre Joint Director CSS Rao, and Regional Head Gajendra Singh Chouhan.
- What
- An MSME outreach campaign that generated Rs 150 crore in business, including loan sanctions, in-principle sanctions, and fresh leads.
- When
- August 7.
- Where
- MSME Development and Facilitation Centre in Balanagar, Hyderabad.
- Why
- To strengthen the bank's commitment to MSME financing, focusing on new-to-bank and new-to-credit customers with faster credit delivery and transparent processing.
- Bank
- Central Bank of India
- Region
- Hyderabad
- Date
- August 7
- Venue
- MSME Development and Facilitation Centre, Balanagar
- Total business generated
- Rs 150 crore
- Loan sanctions
- Rs 40 crore
- In-principle sanctions
- Rs 60 crore
- Fresh leads
- Rs 50 crore
- On-the-spot disbursement
- Rs 25 crore