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Banks Board Bureau recommends 10 names for exec director posts in PSBs
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EDs in Public Sector Banks: Banks Board Bureau recommends 10 candidates in 2021-22
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BoB inks pact wtih SIDBI to help MSME revamp loans
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Bank of Baroda (BoB) has signed a memorandum of understanding (MOU) with Small Industries Development Bank of India (SIDBI) to support MSME enterprises through a web-based platform called ‘Asset Restructuring Module for MSMEs (ARM-MSME)’ for submission of their loan restructuring proposal.
Recently the RBI extended the One-Time Restructuring (OTR) window till March 2021 to provide relief to MSMEs under financial stress, with credit exposure of up to ₹25 crore. Through this automated / Do-It-Yourself (DIY) web-portal, MSMEs can self-create their restructuring proposal with financial viability projections and relief options.
Bank of Baroda launches digital lending platform aimed at paperless process for retail customers ANI | Updated: Dec 30, 2020 13:10 IST
Mumbai (Maharashtra) [India] December 30 (ANI/BusinessWire India): Bank of Baroda, the country s third-largest public sector bank, has launched the digital lending platform, which enables prospective retail loan seekers to get loans digitally through a paperless process at the convenience of their place and time of choice.
Pre-approved Micro Personal Loan is offered to existing selected customers to shop anything through offline/online partner channels and pay later in easy EMIs. Customers can also avail of the amount into their Savings bank account and convert it to EMIs from 3 to 18 months through m-Connect+ (Bank s mobile banking app) in 60 seconds.
Bank of Baroda launches digital lending platform
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