Karnataka Bank has joined hands with Credit Analysis & Research (CARE) by entering into a MoU for providing credit rating services to the micro and small enterprises sector and due diligence services for the MSME clients of the bank.
With a view to assist the potential, existing MSME clientele of the bank, CARE will provide credit rating for such entities rating services under special incentives by discounting its rating fees and also provide due diligence service for MSME units in existence for more than one year.