An entrepreneur’s journey begins with the pursuit of passion and aspiration, and it is this commitment which enables them to reach the zenith. With #BankofBaroda entering the picture, the aspirations of entrepreneurs are not only augmented but also gets the refinement to reach the ladder of success faster.
Watch Shri P. S. Jayakumar, MD & CEO, Bank of Baroda share the insights on the story of Mumbai’s Sumangal Polymers. Established in 1953, their journey began from Sangli and along the way they partnered with Chemplast Sunmark. But their strategy for market capture came to a halt due to financial issues. Enter Bank of Baroda and not only they received the working capital, but also achieved four times the profit they used to make earlier.
The second empowering story of growth is of the women of Bajrang Bali Self Help Group, Raebareli who are creating everyday products to sell using bamboo shoot in a small group. Bank of Baroda is empowering these women by lending them the credit limit to expand their business
The Baroda Swarojgar Vikas Sansthan is aimed at rural development projects. Bank of Baroda conducts various training programmes independently or in collaboration with other organizations. They assist in training the youth for self-employment purposes and also assists them obtain credit from financial institutions to successfully set up their own venture.
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Watch more such videos at https://www.youtube.com/watch?v=JdA4D…
