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Kale suggests MSMEs to reduce rift with bankers

While doing banking transactions and availing loans, rate of banks interest does not matter. It is relationship with bankers which is more important. MSME should focus on availability of funds and in ease of doing banking, said Vaibhav Kale, Zonal Manager Bank of Maharashtra, Nagpur. He was speaking at a programme on ‘Financial Business Management Meet 2021’ organised by the Confederation of All India Traders (CAIT), New Delhi, TEAM CAIT Wadi. Kale further said that the working in banking sector and entire financial management has drastically changed. “Banks are well- prepared to extend all possible help to its borrowers specially to MSMEs,” he said. He also suggested that rift with bankers should be reduced by meeting bankers, making them part of your planning and projection. He cautioned the MSMEs that sale and marketing may appear to be important but most important is recovery of money. Kale propagated the increasing banks’ habits by depositing daily sales process in bank account. Speaking on the occasion Jayprakash Gupta, Central Member of Khadi and Village Industries Commission, elaborated the various scheme of KVIC. He emphasised on adopting more and more khadi products.


Explaining the Prime Minister Atmanirbhar Programme, he said that KVIC is promoting self employment programme under MSME. “The existing financial limit of advances upto Rs 25 lakh are planned to be increased,” he informed. B C Bhartia, National President Confederation of All India Traders, New Delhi (CAIT), stressed upon the traders to follow the scheme on procedure required from doing business. Adoption of digital and habit of doing timely, completely and correctly all the compliances is need of the hour. On the occasion Team CAIT Wadi was installed with Jaikisan Lalwani as its President, Narendra Andhare, Vice- President and Chhaya Sharma as convenor of Ladies Committee. Jaikisan Lalwani proposed the formal vote of thanks. Those prominently present were Kishor Ranjeet Assistant General Manager, Hemant Sahare Chief Manager, Bank of Maharashtra, Gopla Agrawal, Kishore Dharashivkar, Manoj Gupta, Jyoti Awasthi, Rajkumar Gupta, Prabhakar Deshmukh, Dyaneshwar Rakshak, Madhusudan Trivedi, Satish Jindal, Nitu Naik, Vijay Chaurasia, Satish Bang, Sarita Chaurasia, Arvind Awasthi, Archana Rastogi and others informs Secretary Vinod Gupta.