Bank of Baroda has unveiled its Specialized Mortgage Store (SMS) outfit 'Baroda SMS' in Mumbai at Sir PM Road, Fort, to cater to mortgage based retail business. This outfit will extend end-to-end solution like collection of applications, processing, sanction, documentation and disbursement of mortgage based loans under one roof.
The bank has recently opened its new branch in Kanyakumari District of Tamil Nadu. With this branch, the bank now has 53 branches in the region, while 196 branches in Tamilnadu.