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Money & Banking - Credit Market
States - Karnataka
BoB composite loan factory

Mangalore, July 7

Bank of Baroda will set up a composite loan factory in Mangalore on Tuesday. Addressing members of the Kanara Chamber of Commerce and Industry (KCCI) here on Monday, Mr Subhash Rathi, Chief Manager of Bank of Baroda, said that composite loan factory, which is a first of its kind in the country, will cater to the needs of Udupi and Dakshina Kannada districts. The composite loan factory will help expedite the process of loan appraisals and disbursements in retail and SME segments. Mr M.D. Mallya, Chairman and Managing Director of Bank of Baroda, will inaugurate it. - Our Bureau

More Stories on : Credit Market | Public Sector Banks | Karnataka

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Fitch assigns ‘investment grade’ rating to many municipalities
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Bonds fall on profit-taking
BoB composite loan factory
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Corporation Bank deposit scheme
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