Restrictions On Bank Of Baroda's BOB World Lifted
Business Standard|May 09, 2024
The Reserve Bank of India (RBI) lifted the curbs on BoB World - the mobile application (app) of Bank of Baroda with immediate effect, the bank said in a notification to the exchanges.
MANOJIT SAHA
Restrictions On Bank Of Baroda's BOB World Lifted

As a result, the bank will be able to onboard customers through the mobile app.

"We wish to inform that the RBI, via its letter dated May 8, 2024, conveyed to the bank its decision to lift the aforementioned restrictions on BoB World with immediate effect. As such, the bank is free to onboard customers through the BoB World application in accordance with the applicable guidelines and extant laws/regulations," the exchange filing said.

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