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UID:25@lubkarnataka.org
DTSTART:20250226T183000Z
DTEND:20250226T183000Z
DTSTAMP:20250402T153712Z
URL:https://lubkarnataka.org/events/february-27-2025-mou-with-yes-bank/
SUMMARY:February 27\, 2025: MoU with Yes Bank
DESCRIPTION:Laghu Udyog Bharati-Karnataka signed an exclusive MoU with Yes 
 Bank. This MoU will facilitate quicker dispersal of loans to our members a
 cross Karnataka on the first phase and the same will be extended to All In
 dia Members on the second level.\n\nThe MoU was signed by Shri Narayana Pr
 asanna from LUB-K side and Shri. Sharanu Gurupad Kumbar from Yes Bank side
 .\n\nIt was also agreed upon that the credit flow facility to our members 
 will be a few percentage points lesser as compared to market interest rate
 s.\n\nLaghu Udyog Bharati-Karnataka will host exclusive Conclaves with Yes
  Bank across Karnataka Districts. The first in the series is tentatively s
 cheduled for March 14\, 2025 for Bengaluru North Members.\n\nIf the Busine
 ss owners carry with them basic documents vis-à-vis: \n\n 	KYC\, 3-year B
 alance Sheets \n 	P&amp\;L Account statement\n 	Order/Purchase book status
  for the next one year \n 	Any other necessary document \n\nThe Yes Bank o
 fficials shall in-principle assess the same in provide the first sanction 
 of Loan.
ATTACH;FMTTYPE=image/jpeg:https://lubkarnataka.org/wp-content/uploads/2025
 /04/MoU-with-Yes-Bank.jpg
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