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Bank of Baroda inks MoU with Govt of Gujarat

23 Dec 2019 Evaluate

Bank of Baroda has signed a memorandum of understanding (MoU) with the Government of Gujarat to facilitate flow of credit to the MSME sector for Greenfield Projects, Start-Ups, Women Entrepreneurs and Entrepreneurs from backward areas of Gujarat under Gujarat Single Window Clearance Act 2017 & Ordinance Number 1 of 2019 dated October 24, 2019.

In terms of the MoU, the Bank shall complete the processing of applications on priority basis and convey in-principle approval/decision of lead through the portal, District Level Nodal Agency or State Level Nodal Agency.

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 952.80
PNB 114.30
Bank Of Baroda 234.55
Canara Bank 119.00
Union Bank Of India 173.00
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