www.bankofbaroda.in Bank of Baroda achieves top position in
Digital Payments for 2020-21
The Award is a testimony of Bank of Baroda being at the forefront of providing the latest innovative digital products and services
-
The Bank is
accelerating its journey to “digital first” banking and give their customers
the banking experience they prefer.
Mumbai,
20 December 2021: Bank of Baroda today announced it has won the #1 position in
overall digital transactions amongst large banks for FY20-21. The bank showed
the exceptional growth of digital payment transactions achievement and was felicitated
by the Ministry of Electronics & Information Technology (MeitY), Govt. of
India at the Digital Payments Utsav. To commemorate 75th anniversary
of Independence of India, MeitY is celebrating “Digital Payments Utsav". As a part of the celebration, Bank of Baroda has been conferred with 5 DigiDhan awards for FY 2019-20 & 2020-21 in various
categories.
The
award was received by Mr Akhil Handa, Chief Digital Officer, which was
presented by Hon'ble Union Minister for Railways, Electronics, and IT, Mr
Ashwini Vaishnav and MoS for Electronics and IT Shri Rajeev Chandrashekar.
Following
awards were accorded to the bank:
FY 2019-20
|
Award Category |
Award Description |
|
उत्कर्ष पुरस्कार |
For achieving 2nd highest percentage of digital payment transactions (category: Large & Medium banks)-Public sector Bank |
|
प्रतिष्ठा
पुरस्कार |
For achieving
target with highest percentage in BHIMUPI transactions-Public Sector Bank |
FY 2020-21
|
Award Category |
Award Description |
|
उत्कर्ष पुरस्कार |
For achieving 2nd highest percentage of digital payment
transactions (category: Large & Medium banks)-Public sector Bank |
|
ऊतकृष्ट पुरस्कार |
For achieving top position in overall performance in digital
payments |
|
प्रतिष्ठा
पुरस्कार |
For achieving target with highest percentage in BHIMUPI
transactions-Public Sector Bank |
On the award, Shri. Ajay K Khurana, Executive Director, Bank of Baroda said, “Our number one
position in MeitY score card FY20-21 is reflective of banks robust Digital
banking Product & services and strong merchant network especially in UPI
QR, PAN India. The Bank witnessed exceptional growth in Digital Payment
transactions which was handled in the most efficient manner by our Bank with
good control of system technical declines for all our Digital Products.”
On
the award, Shri Akhil Handa, Chief
Digital Officer, Bank of Baroda said, “The Bank is
continuously innovating to become a Bank with strong Digital infrastructure and
set high industry standards. We have worked on every pain point for our customers
to emerge as a leader and have ranked #1 position in MeitY Score Card FY2021.”
About Bank
of Baroda:
Founded on 20th July, 1908 by Sir Maharaja
Sayajirao Gaekwad III, Bank of Baroda is one of the leading commercial Bank in
India. At 63.97% stake it’s majorly owned by Govt of India. Bank serves its
global customer base of over 140 Mn through over 46,000 touchpoints spread
across 19 countries in 5 continent. Through Its state of the art digital
banking platforms it provides all the banking products and services in a
seamless and hassle-free way. Recently launched bob World mobile app provides
customers with saving, investing, borrowing and shopping experience, all under
one single app. The app also serves non customers by enabling account opening
through video KYC. Bringing about a vision that matches the diverse clientele
base and to instill a sense of the trust and security has been the paramount
factor for Bank of Baroda. Its moving well in that direction and bob World has
been a testimony for its roadmap towards Digital Transformation.
·
Visit
us at www.bankofbaroda.in
·
Facebook https://www.facebook.com/bankofbaroda/
·
Twitter https://twitter.com/bankofbaroda
·
Instagram https://www.instagram.com/officialbankofbaroda/
·
YouTube https://www.youtube.com/channel/UCdf14FHPLt7omkE9CmyrVHA
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LinkedIn https://www.linkedin.com/company/bankofbaroda/
For
further information, please contact:
Bank of Baroda contact: Apurv Mathur | apurv.mathur@bankofbaroda.com
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