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Bank of Baroda launches SME loan factory

CHENNAI: Bank of Baroda has launched its SME loan factories — a new business delivery model of the bank — in Chennai and Coimbatore. According to D. Sarkar, General Manager (South Zone), the new model will offer customised products designed to meet varied financial requirements of the SME segment through simplified processes, using state of the art technology and ensuring fast turnaround time.

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