Public sector Bank of Baroda (BOB) has given loans worth Rs 850 crore to small and medium enterprises (MSMEs) in Madhya Pradesh and Chhattisgarh and has set a target of Rs 2,000 crore for loans to this sector by the end of the current financial year.
Rs 850 crore given to MSMEs. Of the loans given, 47 per cent have been given to Madhya Pradesh and 53 per cent to Chhattisgarh.
Chhattisgarh has more big groups in many sectors like steel industries.
Bank of Baroda 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. We have also prepared 4 products for the defense sector.