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Question

Which public sector bank has opened its first mid-corporate Branch in Koch to increase corporate book size and income to improve turnaround time (TAT) for corporate proposals and provide enhanced service to corporate customers?

A State Bank of India Correct Answer Incorrect Answer
B Bank of Baroda Correct Answer Incorrect Answer
C Canara Bank Correct Answer Incorrect Answer
D Punjab National Bank Correct Answer Incorrect Answer
E Indian Bank Correct Answer Incorrect Answer

Solution

Bank of Baroda has opened it’s first mid-corporate Branch in Kerala at Kochi. The key focus of mid corporate branch is to increase corporate book size and income to improve turnaround time (TAT) for corporate proposals and provide enhanced service to corporate customers. The branch will cater to mid-corporate, large corporate, and PSU borrowers and provide corporate loans, trade finance, forex, and cash management services.

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