Bank of Baroda partners with U GRO Capital

Chennai: Public sector Bank of Baroda has announced a co-lending partnership with U GRO Capital, a BSE listed NBFC engaged in lending to micro, small and medium enterprises (MSME).

The first loan disbursement under this program commenced on the occasion of Bank of Baroda’s 114th Foundation Day recently.

The bank is amongst the first PSBs to start co-lending in partnership with U GRO. This programme has been launched under the revised co-lending guidelines wherein U GRO will be co-lending under their product named as ‘Pratham’, with Bank of Baroda.

 

NT Bureau