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Bank of Baroda achieves top position in Digital Payments for 2020-21

Kolkata, Dec 20: Bank of Baroda (BOB) on Monday announced it has won the number one position in overall digital transactions amongst large banks for FY20-21.

The bank showed the exceptional growth of digital payment transactions achievement and was felicitated by the Ministry of Electronics & Information Technology (MeitY), Govt. of India at the

Digital Payments Utsav.

To commemorate 75th anniversary of Independence of India, MeitY is celebrating “Digital

Payments Utsav”. As a part of the celebration, Bank of Baroda has been conferred with 5

DigiDhan awards for FY 2019-20 & 2020-21 in various categories.

The award was received by Akhil Handa, Chief Digital Officer, which was presented by Union

Minister for Railways, Electronics, and IT, Ashwini Vaishnav and MoS for Electronics and IT

Rajeev Chandrashekar.

On the award, Ajay K Khurana, Executive Director, Bank of Baroda said, “Our number one

position in MeitY score card FY20-21 is reflective of banks robust Digital banking Product &

services and strong merchant network especially in UPI QR, PAN India. The Bank witnessed exceptional growth in Digital Payment transactions which was handled in the most efficient

manner by our Bank with good control of system technical declines for all our Digital Products.”

Akhil Handa, Chief Digital Officer, Bank of Baroda said, “The Bank is continuously innovating

to become a Bank with strong Digital infrastructure and set high industry standards. We have

worked on every pain point for our customers to emerge as a leader and have ranked number

one position in MeitY Score Card FY2021.”

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