Bank of Baroda (BoB) has inked a Memorandum of Understanding (MoU) with Heritage Foods (HFL) to provide dairy loans to farmers through the lender’s branches across the country. BoB and HFL will work jointly to provide dairy loans to the farmers which will benefit them in increasing their productivity and earnings under allied activities.
Heritage Foods is in the business of procurement, processing and sale of milk and milk products.
Bank of Baroda is a pioneer in various customer centric initiatives in the Indian banking sector. The Bank offers products and services such as deposits, loans, credit & debit cards, demat services, remittances, ECS (electronic clearing services), government business, etc.