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Bank of Baroda on Thursday launched its Specialized Mortgage Store (SMS) outfit 'Baroda SMS' in Mumbai at Sir PM Road, Fort, to cater to mortgage based retail business.
The public sector bank, in a statement, said this outfit will extend end-to-end solution like collection of applications, processing, sanction, documentation and disbursement of mortgage based loans under one roof.
PS Jayakumar, MD & CEO, said the Bank it envisages opening such outfits at important centres across the country to achieve exponential growth in retail business & increase in market share.
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