Bank of Baroda launches digital Supply Chain Finance solution
The Bank of Baroda (BoB) has launched a digital supply chain finance solution to offer working capital loans to small and medium enterprise and large corporate clients. The solution will cover pre and post shipment products – dealer or channel finance, vendor finance and payable finance. This service will accelerate working capital loans by enhancing reporting capabilities. It will bring down the risk and ensure greater satisfaction to the clients.
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