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BoB aims to offer Rs 2,000 cr loans to MSMEs in MP-Chhattisgarh by end of FY23

Updated: Dec 13, 2022 08:25:20am
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BoB aims to offer Rs 2,000 cr loans to MSMEs in MP-Chhattisgarh by end of FY23

Bhopal, Dec 13 (KNN) Bank of Baroda (BOB) has set a target to offer Rs 2,000 crore for loans to MSME sector in Madhya Pradesh and Chhattisgarh by the end of the current financial year.

The public sector bank has given loans worth Rs 850 crore to MSMEs in both the state. 

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Thai was said by Shibasish Mishra, MSME, NTB Business Head, Mumbai Corporate Office of the Bank.

He said that the the bank will give as much loan as is required by this sector in MP and Chhattisgarh.

Mishra told the media that the bank has completely removed the loan limit given to the MSME sector for MP and Chhattisgarh.

BoB has launched 12 tailor-made products to meet the diverse requirements of its customers and our dedicated team is engaged in product development based on customer feedback.  (KNN Bureau)

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