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Bank of Baroda ties up with CNX Corporation

Bank of Baroda ties up with CNX Corporation
03 January 2017 Current Affairs: Public sector lender Bank of Baroda has entered into a partnership with CNX Corporation (CNX) with an objective to provide collateral management services towards the loans against warehouse receipt sanctioned to the farmers through the network of the bank's branches across the country. 

CNX is engaged in providing warehouse management services relating to commodities and inventories which include collateral management services, field warehousing arrangements, inventory audit services, storage and preservation services, procurement services, testing and certification services, inspection services, monitoring services. 

We have entered memorandum of understanding with CNX Corporation to work jointly to provide loans against warehouse receipt through collateral management services.

 This relationship of Bank of Baroda, one of the premier banks of our country, with CNX Corporation (CNX) will immensely benefit the farmers from distress sale of their commodities 

 


February 2017 Current affairs
21 FEB
NEWS
20 FEB
NEWS
18 FEB
NEWS
17 FEB
NEWS
16 FEB
NEWS
15 FEB
NEWS

January 2017 Current affairs
31 JAN
NEWS
30 JAN
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28 JAN
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27 JAN
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25 JAN
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24 JAN
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December 2016 Current affairs
31 DEC
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30 DEC
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29 DEC
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28 DEC
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27 DEC
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November 2016 Current affairs
30 NOV
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29 NOV
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26 NOV
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October 2016 Current affairs
31 OCT
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27 OCT
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25 OCT
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