Bank of India signs co-loan agreement with MAS Financial Services

Bank of India signs co-loan agreement with MAS Financial Services

Subscribe to Mint Newsletters In addition, the bank unveiled various new schemes for farmers. These included opening of 84 Star Krishi Vikas Kendra for quick processing of Kisan Loans; Krishi Ghar Special Scheme for construction of farmhouses; a unique scheme, Star Kisan Sahayata Loan, to mitigate covid-19 stress; and a scheme for farm mechanization. * Enter a valid email

A statement said Das expressed his gratitude to all the customers, stakeholders and well-wishers for reposing their trust in the bank and supporting it at every step of the journey. The lender also celebrated its 116th foundation day across all its 10 national banking group (NBG) offices, 59 zonal offices, 5,084 domestic and 23 overseas branches, and 5,323 ATMs.

“Bank of India undertook several initiatives, such as tree plantation, extending financial help to 8,718 girl children towards their education and customer outreach programmes. The bank also carried out other corporate social responsibility (CSR) activities that included providing smart sticks to members of associations for the visually impaired, and financial assistance to the poor and needy for availing free medical checkups at KEM Hospital in Mumbai,” it said. “The bank will leverage reach of non-banking financial companies (NBFCs) to build the MSME portfolio,” said Das.

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