Bank of Baroda is eyeing to buy out assets worth around Rs 6,000 crore from the fund-starved non-banking finance companies (NBFCs) this quarter (Q2). The bank had already bought around Rs 3,500 crore loans from NBFCs in the June quarter, while for the year March 2019, it had purchased assets worth around Rs 10,000 crore from NBFCs/housing finance companies.
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.
