S. Venkataraman - SBH - 01

S. Venkataraman, General Manager-Technology, State Bank of Hyderabad, Investors Meet for SMEs, Taj Krishna, Hyderabad, Andhra Pradesh. MSMEs play a vital role in the Indian economy. Various initiatives were taken by RBI and they are highlighted by Meghanath, RBI. 40% coverage is to the priority sector by foreign banks. We are already contributing about 18-19% in the MSME sector. State Bank of Hyderabad is always committed to the growth of MSME segment. 17% is contributed to the advances segment in MSME sector. There has been a growth rate of 20% Y-O-Y. SBH is proud in lending to micro enterprises from the Ministry of MSME in 2011.