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Sunday, October 28, 2007

Bank of Baroda's Exporters meet in Tuticorin

The Bank of Baroda organised an exporters’ meet in Tuticorin on 26th October evening to elucidate salient features of various export- friendly products promoted by the organisation and to answer queries of their clients pertaining to schemes.

Interacting with exporters, D. Sarkar, General Manager (Southern Zone), said that the exporters having confirmed export orders or having letter of credit from a recognised bank could avail export credit facilities offered by the bank.

“We are offering pre-shipment and post-shipment credits to exporters from the country through rupee-denominated loans as well as foreign currency loans,” he added.

To arrange tailor-made solutions for loan syndication, the bank has opened Regional Syndication Centres (RSCs) in Dubai, London and Singapore. He said that a new on-site ATM would be installed in Tuticorin shortly.

He called upon the exporters to make use of Core Banking Solution facilities offered by the bank in about 1,800 branches in the country and abroad.

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