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BoB scales up supply chain finance to MSME

Bank of Baroda has sanctioned Rs 3,700 crore to anchor clients and expect to book loan business of Rs 700 crore-Rs 800 crore for supply chain finance by the end of FY18

BS Reporter 

A branch of Bank of Baroda. Photo: Wikipedia
A branch of Bank of Baroda. Photo: Wikipedia

As a step to scale up supply chain for the micro, small and medium enterprises (MSME) segment, (BoB) has sanctioned Rs 3,700 crore to anchor clients and expect to book loan business of Rs 700 crore-Rs 800 crore for supply chain by the end of FY18.

First Published: Tue, November 28 2017. 02:19 IST
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