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Saturday, June 22, 2013

BoB opens agri loan factory in Gujarat

Bank of Baroda Chairman and Managing Director S.S. Mundra on Friday inaugurated the bank’s national pilot agri loan factory at Himatnagar in Gujarat

He said that Gujarat had been selected for the project as the farmers of the state were dedicated and hard-working.

BoB has sanctioned Rs 53 crore advances to farm sector and the cheques were also distributed to top borrowers. This specialised loan factory would process all types of loans related to agriculture sector under one roof.

Source: thehindubusinessline

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