Mumbai: On the ocassion of its 110th Foundation Day, Bank of Baroda celebrated this milestone with a Global celebration on 20th July 2017.

To mark this jubilant occasion, Bank announced several new initiatives to improve the customer experience and attract many more Business Opportunities. The bank is introducing new products like Baroda E-Business Pack for MSME customers for availing overdraft / demand loan / term loan and composite loan, Baroda Champs Saving A/Cs which is aimed at children below 17 years of age, paperless pre-approved digital personal loans which are transferred instantly through net banking and mobile banking apps. New wealth management branches will soon be introduced for automating the entire investment lifecycle of wealth creation for its customers.Tie-ups with companies like Allfresh Supply Management and Lawrencedale Agro Processing will open new agro credit channels for farmers. The bank plans to deploy 1000 new business correspondents and Aadhar enabled POS machines each, across the country in order to build an inclusive rural banking ecosystem. To improve the convenience of booking train tickets, the bank plans to deploy 10,000 new POS machines for the Indian Railways.