The Hindu Business Line : Bank of Baroda, D&B sign pact

Mumbai May 16 Bank of Baroda and Dun & Bradstreet (D&B) have signed an agreement under which D&B will assign ratings to the bank's small-scale industry (SSI) customers.

Under the arrangement, Bank of Baroda will refer its existing and prospective SSI customers to D&B for rating. A discount will be offered to BOB customers in addition to the subsidy made available from National Small Industries Corporation (NSIC).

The bank's SSI customers will get D&B's globally accepted rating at a special fee. "This will help rated SSIs establish their credibility on a global platform, get listed on D&B's global database, thus helping them tap global business opportunities," said a press release.

More Stories on : Credit Rating | SSI | Public Sector Banks

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