MUMBAI: Bank of Baroda is looking to beef up its digital banking initiatives as it expands business in a competitive market. BoB, known for its innovations in digital banking, is now hiring specialists for its mobile banking department on a contractual basis for 3 years. This is in line with the bank’s efforts at deploying technological solutions for business growth and increasing digital footprint. The bank is currently in the midst of integrating its operations following the merger with Vijaya Bank and Dena Bank. The bank had reported an unexpected loss of ₹991.37 crore against a net loss of ₹3,102.34 crore in the corresponding quarter of the previous year.

Source: Mint June 13, 2019 13:41 UTC