Rapar(Kutch): Anti Corruption Bureau (ACB) of Gujarat Police today nabbed a recovery officer of Bank of Baroda in a bribe case involving the sum of Rs. 5,000. According to ACB note, accused Omkarmal Parbatram Saini works as Recovery officer in Bank of Baroda's Rapar branch in Kutch district. Accused is class-2 servant. A complainant in this case had taken Rs. 1.40 lakh loan from the bank which was fully repaid and he was needing a No Objection Certificate (NOC) to confirm the same. The a...Read More

Gandhinagar: As it aims to expand its operations at GIFT City, Bank of Baroda (Bank), announced that the Bank’s International Financial Services Centre Banking Unit (IFSCBU) in GIFT City has inaugurated its new premises today at Brigade International Financial Centre in GIFT IFSC, Gandhinagar. The Bank will set up International Treasury operations, a Centralised Trade Finance hub and Capital Markets business and scale up its Foreign Exchange and Derivatives Trading activities at GIFT IFSC.  ...Read More

Central Bureau of Investigation (CBI) has booked Surat-based builders Sanjay Parshottambhai Movaliya, Manoj Parshottambhai Movaliya, Mitesh Ranchhodbhai Movaliya, Pukhraj Shah, Ashish Jain and Rajkot-based Sohail Mandalka under IPC sections 120B and 420 and relevant sections of Prevention of Corruption Act after a complaint by the Bank of Baroda. The Assistant General Manager of Bank of Baroda (BOB) had filed a complaint and alleged a Rs. 76 crore loss to the bank on December 26. A complainan...Read More