Bank of Baroda has signed an agreement with Agra-based non-banking financial company (NBFC) Paisalo Digital (PDL) for expanding its micro lending portfolio, especially focusing on women self-help groups (SHG).
Under the agreement, both the entities would jointly reach out to prospective customers and conduct due diligence for extending small ticket Size ranging loans from Rs 10,000 to Rs 40,000 in India with special focus on Uttar Pradesh.
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.
