Bank of Baroda has signed a pact with Care Ratings to assess credit quality of its small and medium enterprises (SMEs) customers. The rating agency will evaluate the credit quality of existing and prospective SME customers of the bank. The tie-up with Care Ratings will strengthen the evaluation process and enable growth of the SME lending business.
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.