Chandigarh, 15th December 2016: Bank of Baroda, India’s leading Public Sector Bank has entered into MOU with M/s Sidhivinayak Agri Processing Pvt. Ltd, Pune, with an objective to finance the farmers, SHGs, JLGs and FPOs through the network of Bank of Baroda branches across the country.
Mr. G.B.Bhuyan, Head- Rural Banking (Agri & FI) and CSR preside the function and exchanged MOU with Mr Hemant Gaur Managing Director of M/s Sidhivinayak Agri Processing Pvt. Ltd, Pune.
On this occasion Mr. G.B.Bhuyan, Head- Rural Banking (Agri & FI) and CSR said “We have entered Memorandum of Understanding with M/s Sidhivinayak Agri Processing Pvt. Ltd. to work jointly for the upliftment of the farming community. This relationship of Bank of Baroda, one of the premier banks of our country, with M/s Sidhivinayak Agri Processing Pvt. Ltd. will immensely benefit the farmers in increasing their farm income.
Narration of the Photograph: Shri G B Bhuyan (Left), Head – Rural Banking (Agriculture& FI) and CSR, Bank of Baroda seen exchanging the agreement with Shri Hemant Gaur (Right), Managing Director, M/s Sidhivinayak Agri Processing Pvt. Ltd, Pune.
Sd/-
(Rakesh Bhatia)
General Manager
(Mktg. & WMS)
BCC/CPR/108/
About Bank of Baroda:
Bank of Baroda (“The Bank”) established on July 20, 1908 is an Indian state-owned banking and financial services organization, headquartered in Vadodara (earlier known as Baroda), in Gujarat, India.
Bank of Baroda is one of India’s largest banks with a strong domestic presence spanning 5,374 branches and 8,975 ATMs supported by self-service channels. The Bank has a significant international presence with a network of 106 branches/ offices subsidiaries, spanning 24 countries. The Bank has wholly owned subsidiaries including BOBCARDS and BOB Capital Markets. Bank of Baroda also has joint ventures for life insurance with IndiaFirst Life Insurance and for asset management with Baroda Pioneer Asset Management. The Bank owns 98.57% in Nainital Bank. The Bank has also sponsored three Regional Rural Banks namely Baroda Uttar Pradesh Gramin Bank, Baroda Rajasthan Gramin Bank and Baroda Gujarat Gramin Bank.