Mumbai: Bank of Baroda, one of the country’s largest public sector banks, celebrated its 114th Foundation Day on July 20 by felicitating COVID warriors across all the 18 zones of the bank pan-India. Each of the zones identified employees who had served the society during the pandemic and showed exemplary courage, passion and dedication towards the society and felicitated them.
Apart from the felicitation of the COVID warriors from the bank, Bank of Baroda also felicitated Mayur Shelke, who is employed as a pointsman with Indian Railways in Mumbai, Maharashtra. Shelke risked his life to save a six-year-old child from certain death when the latter fell onto railway tracks in front of an oncoming train at Vangani railway station, near Mumbai.
The theme for the 114th Foundation Day is about the “Value” all Barodians create and the “Trust” that the bank enjoys of its 140 million customers. And therefore, the theme for the Foundation Day is ‘CREATING VALUE WITH TRUST’. It is about the ability to offer enriching customer experience and enhanced product offerings with the same trustworthy service that the bank is known for.
Bank of Baroda also announced the soon-to-be-launched ‘bob World’, the next generation digital banking platform. ‘bob World’ would be the digital face of the bank and a modern mobile application, regrouping its various products and services under one common digital umbrella brand.
Commemorating the 114th Foundation Day, Sanjiv Chadha, Managing Director & CEO said, “Our employees showed exceptional courage and served our customers. We gratefully acknowledge the services and sacrifices made by our staff members who have been the pillars of strength in these trying times. On this auspicious day, we also bring the next generation, comprehensive digital banking platform ‘bob World’, which is an expression of the customer centric, progressive and global values of the bank. ‘bob World’ brings digital product delivery to help reposition the bank as a new age bank.”
YouTube Link to ‘bob World’ launch – https://youtu.be/rTFhJSc-ABQ
About Bank of Baroda:
Bank of Baroda (“The Bank”) established on 20th July 1908 is a State-owned banking and financial services organisation, headquartered in Vadodara (earlier known as Baroda) in Gujarat, India.
Bank of Baroda is India’s leading public sector bank with a strong domestic presence supported by self- service channels. The Bank’s distribution network includes 8,200+ branches, 11,600+ ATMs, Cash Recyclers supported by self-service channels and over 23,000 Business Correspondents. The Bank has a significant international presence with a network of 96 branches/offices of subsidiaries, spanning 19 countries. The Bank has wholly owned subsidiaries including BOB Financial Solutions Limited (erstwhile BOB Cards Ltd.), BOB Capital Markets and Baroda Asset Management India Ltd. Bank of Baroda also has joint ventures for life insurance viz. IndiaFirst Life Insurance Company Limited and India Infradebt Ltd., engaged in infrastructure financing. The Bank owns 98.57% in The Nainital Bank. The Bank has also sponsored three Regional Rural Banks namely Baroda Uttar Pradesh Gramin Bank, Baroda Rajasthan Gramin Bank and Baroda Gujarat Gramin Bank.