Bank of Baroda Marks its 118th Foundation Day

MUMBAI:
Bank of Baroda (Bank) observed its 118th Foundation Day by reaffirming its commitment to trust, innovation and sustainable growth. The theme for the Bank’s 118 th Year is ‘Trust Empowered by Innovation’, highlighting the Bank’s vision to uphold the long-standing trust of its customers, while shaping the future of banking. M. Nagaraju, Secretary, Department of Financial Services (DFS), was the Chief Guest at the Bank’s Foundation Day ceremony.

To mark the occasion, Bank of Baroda unveiled plans to introduce a diverse range of innovative products and initiatives spanning Digital & Technology, Sustainable Banking and Green Finance – designed to meet the evolving needs of customers, expand access to banking and support sustainable development.

Some of the initiatives include: the bob World Business app, a new, comprehensive mobile banking app for MSMEs, merchants and corporate customers; piloting a cutting-edge Virtual Front Office powered by AI and 3D holographic technology, introducing customers to an immersive service experience; bob इ Pay International, a suite of global UPI functionalities integrated in to the bob इ Pay app; the bob inSIGHT Braille Debit Card, designed to empower customers with visual impairment; as well as Green Financing schemes.

M. Nagaraju, Secretary, Department of Financial Services said, “On its 118 th Foundation Day, Bank of Baroda’s rich legacy stands as a testament to enduring trust, resilience and a commitment to innovation. As we march towards the vision of Viksit Bharat@2047, public sector banks like BOB will continue to play a pivotal role by facilitating inclusive growth, supporting MSMEs and empowering youth, backed by technology-driven banking.”

Speaking on the occasion, Debadatta Chand, Managing Director & CEO, Bank of Baroda said, “For well over a century, Bank of Baroda has earned the trust of its stakeholders by supporting their aspirations. This trust is not just a part of our legacy, it continues to inspire us to innovate boldly and responsibly, making banking simpler, smarter, safer and more accessible. On our 118 th Foundation Day, through the initiatives being announced, we renew our promise to our customers and the nation – to be a steadfast partner in building a more inclusive, sustainable and digitally-empowered India.”