Bank of Baroda launches supply chain finance solution for MSMEs
State-run Bank of Baroda has launched a supply chain finance solution in Mumbai to offer working capital loans to small […]
Sarabjit Kaur November 28, 2017
MORE IN News
RBI coming up with new steps to expand UPI outreach
AI trust gap emerges: India businesses embrace Generative AI, but public remains wary
Startup hiring surges in India, freshers to grab 53% jobs: Report
India overtakes Japan, becomes world’s third largest solar power generator
Up to 20% of AI initiatives fail without intelligent data infrastructure: Report
State-run Bank of Baroda has launched a supply chain finance solution in Mumbai to offer working capital loans to small and medium enterprise and large corporate clients.The solution will cover pre and post shipment products – dealer or channel finance, vendor finance and payable finance.“We have kept the design and framework of technology and processes for the supply chain finance product such that it will augment the growth drivers for both large corporate and MSME clients,” BoB’s executive director Mayank Mehta said on Monday.