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Bank of Baroda barred from onboarding new customers on 'bob World' mobile app
short by Pragya Swastik / on Tuesday, 10 October, 2023
The Reserve Bank of India (RBI) has directed the Bank of Baroda to suspend, with immediate effect, any further onboarding of their customers onto the 'bob World' mobile application. "This action is based on certain material supervisory concerns observed in the manner of onboarding of their customers onto this mobile application," RBI said.
read more at Moneycontrol