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RBI bars Bank of Baroda from onboarding fresh customers on its mobile app 'bob World'

RBI bars Bank of Baroda from onboarding fresh customers on its mobile app 'bob World'

Tue, Oct 10, 2023

RBI has, in exercise of its power, under Section 35A of the Banking Regulation Act, 1949, directed Bank of Baroda to suspend, with immediate effect, any further onboarding of their customers onto the 'bob World' mobile application.

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