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Bank of Baroda enters into MoU with Jain Irrigation Systems: Report

28 Mar 2017 Evaluate

Bank of Baroda has reportedly entered into memorandum of understanding (MOU) with Jain Irrigation Systems, with an objective to finance the Micro Irrigation systems i.e. drip and sprinkler irrigation sold by the company through the network of Bank of Baroda branches across the country. This scheme is aimed to provide financial assistance to purchase of micro irrigation systems to increase the area under irrigation thus helps to improve yield of crop and helps in saving water.

Bank of Baroda is engaged in providing various services, such as personal banking, corporate banking, international banking, small and medium enterprise (SME) banking, rural banking, non-resident Indian (NRI) services and treasury services.

Peers
Company Name CMP
State Bank Of India 950.30
PNB 113.90
Bank Of Baroda 234.90
Canara Bank 118.90
Union Bank Of India 173.05
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