Bank of Baroda — Major Initiatives (2025)
1.BoB launched the digital FX platform bob FxOne for corporate & MSME clients for instant forex transactions.
2.As SLBC Rajasthan convener, BoB led a 3‑month financial inclusion campaign covering Jan‑Dhan, pension, and insurance enrolments.
3.BoB set a goal to double its balance sheet in five years by focusing on retail and secured lending growth.
4.Under its Fintech Alliance, BoB partnered with agritech and fintech start‑ups to enhance farmer and MSME financing.
5.BoB launched Project Navoday to drive process automation, shared services, and talent transformation.
6.BoB opened a new zonal office in Raipur to strengthen administrative reach in central India.
7.BoB introduced digital gifting via bob World, enabling prepaid vouchers for customers through UPI.
8.BoB celebrated the Rise with Yoga campaign on International Day of Yoga 2025 to promote employee wellness.
9.At the Maha Kumbh Mela 2025, BoB deployed AI‑based support, mobile ATMs, and forex facilities for pilgrims.
10.BoB enhanced digital onboarding through VCIP and TAB, boosting CASA growth and digital customer base.
11.BoB launched the bob Earth Green Drive by planting fruit‑bearing trees across Hyderabad Zone.
12.Introduced bob Square Drive Deposit Scheme (April 2025) offering up to 7.15% on 444‑day deposits.
13.Launched Baroda Mahila Swavalamban to promote women entrepreneurship and financial inclusion.
14.Launched Baroda Smart OD — a digital overdraft for GST‑registered MSMEs with instant approvals.
15.Released the upgraded bob World Business App for seamless SME and corporate digital banking.
16.Observed Cyber Security Awareness Month 2025 with nation‑wide campaigns on fraud prevention.
17.Reduced MCLR across tenors in June 2025, easing interest rates for retail and MSME borrowers.
18.Announced a new ESG Policy 2025 with a goal of net‑zero carbon emissions by 2057.
19.Organized Viksit Bharat Sankalp camps promoting PMJJBY, PMSBY & APY enrolments.
20.Expanded branch network by 200 branches across Tier‑2 and semi‑urban centers in FY 2025‑26.
21.Established a Chief Data Office to lead AI‑driven data governance and analytics initiatives.
22.Rolled out bob FxOne as a digital trading platform for real‑time corporate forex operations.
23.Expanded digital gifting and merchant promo features under bob World ecosystem.
24.Advanced Project Navoday to streamline services and automate backend operations.
25.Celebrated World Environment Day 2025 under bob Earth by planting over 30,000 trees.
26.Conducted 364 Financial Literacy Camps across 85 centers emphasizing women’s empowerment.
27.Introduced AI‑powered Virtual Relationship Manager for personalized banking support.
28.Won the Jombay WOW Workplace Award 2025 for employee engagement excellence.
29.Approved a capital raise plan of ₹8,500 crore (2025‑2028) via QIP for future expansion.
30.Reduced Repo‑Linked Lending Rate (RLLR) to 8.15%, passing rate cuts to borrowers.
31.Launched Baroda Kisan Credit Card Campaign 2025 to simplify digital renewals and increase rural agri-credit outreach.
32.Introduced Baroda Home Loan Suraksha Scheme providing built-in insurance cover for home-loan borrowers.
33.Rolled out BoB Nari Shakti Savings Account offering preferential interest and zero charges for women customers.
34.Launched BoB Solar Finance Scheme 2025 for residential and MSME rooftop solar installations with concessional rates.
35.Started Baroda Green Deposit to mobilize funds exclusively for climate-friendly and renewable-energy projects.
36.Introduced BoB UPI Lite & Tap Pay in its bob World app for faster micro-transactions without PIN.
37.Launched Baroda Gold Loan Plus with instant digital processing and attractive interest rebates.
38.Implemented Digital Rupee (CBDC-Retail) pilot expansion across new cities under RBI supervision.
39.Introduced Baroda Education Plus Loan with flexible repayment for domestic and overseas studies.
40.Expanded bob World Biz with trade-finance, GST filing, and payment-gateway integration for MSMEs.
41.Launched Baroda Startup Connect to fund early-stage fintech and agritech entrepreneurs.
42.Partnered with NPCI for RuPay Credit Card on UPI to enhance customer convenience and card usage.
43.Started bob World GenNext internship & financial-literacy program for students across 50 colleges.
44.Launched BoB Jeevan Suraksha FD linking fixed deposits with free accidental-insurance cover.
45.Upgraded bob World Pay with international remittance and Bharat BillPay 2.0 support.
46.Introduced BoB Insta Personal Loan for pre-approved salaried customers with 100 % digital disbursement.
47.Implemented AI-based Loan Monitoring System for early stress detection in MSME accounts.
48.Launched Baroda SME Udaan 2.0 campaign to accelerate MSME credit growth through digital journeys.
49.Introduced BoB Green Vehicle Loan scheme for financing EVs with interest concessions and fast approval.
50.Celebrated Bank of Baroda Foundation Day 2025 with nationwide CSR drives on education, sanitation, and skill training.