MUMBAI: Dena Bank inked a memorandum of understanding (MoU) with Dun & Bradstreet Information Services India Pvt Ltd for its micro, small and medium enterprise (MSME) borrowers.
The MoU has been signed by MK Sharma, General Manager, Dena Bank and Mrinal Singh, Deputy Head-RMS, D&B Information Services India Pvt Ltd here.
Dena Bank provides various financial services in India. Its deposit products include savings, current, and senior citizens accounts; fixed, recurring, and loan linked recurring deposits; minor savings schemes; and cash certificates. The company also offers various loan products, including housing loans, educational loans, personal loans, auto finance products, consumer durable loans, trade finance products, mortgage loans, and senior citizen pensioners’ loans, as well as finance against rent receivables. In addition, it provides corporate finance, term finance, working capital finance, pre and post sales finance, non fund based credit assistance, and export credit to corporate customers.