Bank of Baroda inks MoU to incorporate CCIL IFSC

18 May 2024 Evaluate

Bank of Baroda has signed a Memorandum of Understanding (MoU) on May 17, 2024 for incorporation of CCIL IFSC and equity contribution of 6.125% in the company. The Company will act as a ‘clearing house’ and ‘System Provider’ for the purpose of providing Foreign Currency Settlement System services in IFSC, Gift city.

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.


Bank Of Baroda Share Price

241.10 0.80 (0.33%)
23-Dec-2024 09:27 View Price Chart
Peers
Company Name CMP
SBI 817.00
Bank Of Baroda 241.10
Canara Bank 100.20
PNB 100.85
Union Bank Of India 116.60
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