Tag: Digital Banking

Finance

Bank of Baroda Wins Five Honours at IBA’s 21st Annual Banking Technology Awards 2025

Tanisha Cardozo

Written by Intern Rency Gomes, Team Allycaral

Bank of Baroda, one of India’s leading public sector banks, has received five awards at the Indian Banks’ Association’s 21st Annual Banking Technology Awards 2024–25, reaffirming its position as a frontrunner in technology-driven banking and innovation. The awards were announced in Mumbai on January 13, 2026.

The Bank emerged as the winner in four categories under the Large Banks segment, including Best AI and Machine Learning Adoption, Best Fintech and Digital Public Infrastructure Adoption, Best IT Risk Management, and Best Tech Talent. In addition to these category wins, Bank of Baroda also received a Special Mention in the Best Technology Bank category.

Commenting on the achievement, Debadatta Chand, Managing Director and Chief Executive Officer of Bank of Baroda, said the recognition reflects the Bank’s sustained focus on innovation, strong risk management practices, and the development of a skilled technology workforce. He noted that the Bank remains committed to investing in future-ready digital capabilities to deliver secure, seamless, and customer-centric banking experiences while creating long-term value for all stakeholders.

The awards further reinforce Bank of Baroda’s strategy of leveraging advanced digital solutions to improve operational efficiency and enhance customer service across channels. Over the years, the Bank has consistently prioritised technology-led transformation as a core pillar of its growth and service delivery model.

Founded in 1908, Bank of Baroda today serves more than 180 million customers globally through an extensive network of physical branches and digital banking platforms across multiple countries, offering a comprehensive range of banking products and financial services.

Finance

Bank of Baroda Engages 3.65 Lakh Farmers, Sanctions Rs 5,636 Crore in 8th ‘Baroda Kisan Pakhwada’

Tanisha Cardozo

Written by Tanisha Cardozo || Team Allycaral

Bank of Baroda, one of India’s leading public sector banks, has successfully concluded the 8th edition of its flagship rural outreach programme, ‘Baroda Kisan Pakhwada,’ held from 3rd to 15th November 2025. Over the course of the fortnight, the bank engaged with more than 3.65 lakh farmers across the country and sanctioned agricultural loans totaling over ₹5,636 crore. This year, the initiative was themed “Towards Atmanirbharta,” reflecting the bank’s commitment to supporting financial inclusion and empowering India’s farming community.

The programme featured a variety of on-ground activities including Kisan Melas, Kisan Meets, choupals, credit camps, and financial literacy sessions. Farmers were provided with guidance on modern agricultural equipment, drone technology, and financing options for Farmer Producer Organizations (FPOs) and Self Help Groups (SHGs), with several receiving loan sanction letters on the spot.

Baroda Kisan Pakhwada also highlighted the bank’s innovative digital offerings designed to make access to credit faster and more convenient. These included the Digital Baroda Kisan Credit Card, integrated with the RBIH digital land records system, and the Digital Gold Loan, available on the bank’s digital lending platform. These solutions demonstrate the bank’s commitment to making financial services more accessible, simplifying processes, and supporting the agricultural sector’s growth and self-reliance.

Speaking on the completion of the programme, Shri Lal Singh, Executive Director of Bank of Baroda, said, “The 8th edition of Baroda Kisan Pakhwada reflects our continued commitment to serve India’s farmers with solutions that are accessible, reliable, and increasingly digital. Whether through our Digital BKCC, Digital Gold Loan, or our on-ground outreach programmes, the aim is to strengthen our engagement and support by making credit simpler and more empowering for every farmer we reach. We remain deeply committed to supporting the agricultural community and contributing to their progress and self-reliance.”

Through initiatives like Baroda Kisan Pakhwada, Bank of Baroda continues to play a pivotal role in enhancing financial literacy, promoting digital adoption, and providing crucial financial support to farmers across India, reaffirming its position as a trusted partner in rural development and agricultural growth.

Finance

Bank of Baroda Wins First Prize in Rajbhasha Kirti Puraskar for Excellence in Official Language Use

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Written by Intern Queeny George M.H, Team Allycaral

Bank of Baroda, one of India’s foremost public sector banks, has been honoured with the First Prize under the Government of India’s prestigious Rajbhasha Kirti Puraskar scheme for the year 2024–2025. This award recognises the bank’s exceptional contribution to the promotion and effective use of Hindi as the official language across its services and operations.

The award ceremony took place on 14 September 2025, during the Hindi Day celebration and the Fifth All India Official Language Conference held at the Mahatma Mandir Convention and Exhibition Centre, Gandhinagar. The honour was conferred by the Hon’ble Union Minister of Home Affairs and Cooperation, Shri Amit Shah.

Accepting the award on behalf of the bank was Dr. Debadatta Chand, Managing Director and CEO of Bank of Baroda. He was accompanied by Executive Director Ms. Beena Vaheed and Mr. Sanjay Singh, Head of Official Language and Parliamentary Committee.

Speaking on the occasion, Dr. Chand expressed the bank’s commitment to inclusivity through language. “This award reflects the bank’s sensitivity towards its millions of customers who interact in Hindi and other Indian languages and feel more comfortable availing banking services in their native languages,” he said.

Bank of Baroda has significantly expanded its multilingual capabilities across its digital platforms, including its flagship mobile banking app BoB World and WhatsApp Banking services. The bank also ensures that transaction-related SMS, chatbot conversations, and customer support are accessible in Indian languages, fostering a more inclusive and user-friendly banking environment.

The Rajbhasha Kirti Puraskar is one of the highest honours awarded by the Government of India to institutions for outstanding performance in implementing the official language policy. This recognition positions Bank of Baroda not only as a leader in banking services but also as a pioneer in promoting linguistic inclusion in the financial sector.

With this award, Bank of Baroda reinforces its commitment to enhancing customer experience by speaking the language of its people – both literally and technologically.

Finance

Axis Bank Launches Sparsh Week 2025: ‘Raising the Bar’ Nationwide

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National, Sept 1, 2025: Axis Bank, one of India’s largest private sector banks, has announced the launch of Sparsh Week 2025 (Sept 1–5), a landmark initiative uniting more than 1 lakh employees across 5,868 branches nationwide.

With the theme “Raise the Bar,” this year’s edition emphasizes customer obsession, leadership visibility, and employee engagement at an unprecedented scale. Senior leaders including Amitabh Chaudhry (MD & CEO), Munish Sharda (ED), Subrat Mohanty (ED), and Neeraj Gambhir (ED) will personally visit 40 cities to interact with customers and mentor teams.

“Sparsh is not just a celebration but a reminder of the culture we are shaping – where empathy, innovation, and service excellence define every interaction,” said Amitabh Chaudhry.

Customer Engagement Highlights

  • 🎯 Exclusive Home Loan offers from 7.6%*
  • 💼 Special benefits across Gold Loans, MSME loans, Current Accounts & Health Insurance
  • 🎙️ Let’s Listen Sessions across 5,800+ branches for direct feedback
  • 🚗 Auto test drives & loan offers in select cities
  • 🤝 Felicitation of wholesale clients & corporate partners
  • 🌍 Outreach through Samaroh to foster new relationships

Thematic Customer Days

  • Students: Piggy to Prodigy Day with learning sessions & Bank tours
  • Women: Nari Shakti Diwas with panel discussions & ARISE awareness programs
  • Seniors: Silver Lining – digital banking & fraud prevention workshops
  • Startups & MSMEs: Startup Sangam & networking events
  • Farmers: Krishi Diwas with agri-advisory, soil-testing & Apna Gaon Melas
  • NRIs: Homecoming meets in UAE, Singapore & US
  • LGBTQ+: Pink Economy events celebrating inclusivity

Impact & Scale

From 55,000 customers in 2024, Axis Bank now targets 1.5 lakh+ customers for Sparsh Week 2025 – nearly triple last year’s outreach.

With its four core mantras — Own the Brand, Own the Customer, Act with Speed, Zero Pendency — Sparsh Week continues to strengthen Axis Bank’s position as a customer-first institution in India’s financial ecosystem.

📖 For more details and updates, visit allycaral.com