Search result for 'bob world'

The Reserve Bank of India has lifted the ban on Bank of Baroda onboarding new customers through its 'Bob World' mobile app, which was imposed in October 2023 due to supervisory concerns.

Bank of Baroda (BoB) expects up to a 0.50% impact on capital buffers due to the Reserve Bank's risk weight changes on unsecured loans. The impact is in line with industry expectations.

Bank of Baroda (BoB) has reported minimal financial impact from the RBI's directive to halt onboarding customers on its 'bob World' app due to supervisory concerns. The bank is cooperating with the...

Akhil Handa, head of Bank of Baroda's digital lending business, has resigned following the RBI's ban on onboarding new customers on the bank's app. The RBI cited supervisory concerns.