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Bank of Baroda enters into partnership with PayPoint India: Report
Sep-22-2021

Bank of Baroda (BoB) has reportedly entered into a partnership with PayPoint India, enabling the bank to further expand its network by utilising PayPoint’s customer service points to a reach out to a larger pool of customers and achieve a bigger geographical spread.

This move is part of BoB’s new initiative “BOB NOWW-New Operating model and Ways of Working”, aimed at rightsizing its branch network by increasing customer touch points through digital formats and business correspondent (BC) network. PayPoint will be BoB’s BC.

Bank of Baroda is engaged in providing various services, such as personal banking, corporate banking, international banking, small and medium enterprise (SME) banking, rural banking, non-resident Indian (NRI) services and treasury services.

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