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Our Bureau

Mumbai, July 21 Bank of Baroda will open 21 new branches in urban and rural areas across States including Bihar, Madhya Pradesh, Tamil Nadu, Uttaranchal and Gujarat to mark the centenary year of the bank, according to Mr M.D. Mallya, Chairman and Managing Director.

The bank will also open five more ‘retail loan factories’, which specialise in personalised services for retail loan customers, in areas such as Bhopal and Bhandup. The bank has opened its first branch in China that will be operational from August 2, said Mr Mallya, speaking at a function organised to celebrate the centenary year here on Sunday.

The bank also launched the ‘online home loan’ facility that will help the home loan aspirants to register their application online and receive a reply from the bank within 48 hours.

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