Supply chain finance solution from Bank of Baroda

Public sector banking major, Bank of Baroda has come out with a unique offering – a specific supply chain finance solution to facilitate working capital loans to small and medium enterprise and large corporate clients.

According to a news agency report, the solution will have wide ambit as it promises to cover pre and post shipment products – dealer or channel finance, vendor finance and payable finance. “We have kept the design and framework of technology and processes for the supply chain finance product such that it will augment the growth drivers for both large corporate and MSME clients,” executive director Mayank Mehta has been quoted as saying in the report.

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