Bank of Baroda On Top In Digital Payments

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23 December 2021 Current Affairs:For FY20-21, the Bank of Baroda has claimed the top spot in overall digital transactions among large banks. 

Highlights:

  • The bank was recognized by the Ministry of Electronics and Information Technology (MeitY), Government of India, at the Digital Payments Utsav for its remarkable development in digital payment transactions.
  • MeitY is holding a “Digital Payments Utsav” to honor India’s 75th anniversary of independence.
  •  As part of the celebration, the Bank of Baroda received five DigiDhan awards in various categories for the fiscal years 2019-20 and 2020-21. 
  • BoB has received five DigiDhan awards in various categories for the fiscal years 2019-20 and 2020-21.
  • Baroda Bank is a bank based in India, founded on July 20, 1908.
  • Bank of Baroda headquarters is in  Vadodara, Gujarat, with Managing Director & CEO Sanjiv Chadha.
  • Bank of Baroda Tagline is  India’s International Bank

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