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Hyderabad, July 22

Bank of Baroda has launched an SME (small and medium enterprises) loan factory in Hyderabad. The bank also launched its 76th branch in Andhra Pradesh at Kukatpally in the city. While the branch was inaugurated by the CEO of Maytas Infra, Mr P.K. Madhav, the SME factory was launched by Mr R. Sowrirajan, Assistant General Manager, BoB, AP Region. The events marked the 100th Foundation Day of the bank on July 20. In AP, the bank is present in 19 districts, with 33 branches h aving core banking facility. It plans to open 10 more branches in the region during the current fiscal.

—Our bureau

More Stories on : Credit Market | SSI | Public Sector Banks | Andhra Pradesh

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