| 29 Jul 2010 |
|
Bank of Baroda to unveil online banking services
- Text size
DUBAI -- Bank of BarodaBank of Baroda
, India's international bank, will launch its online Internet banking services today, enabling online instant transactions. The service will be inaugurated by M K Lokesh, Indian Ambassador to the UAE, in the presence of Sanjay Verma, Consul General of India. "We foresee a 50 per cent growth in business during this financial year which would mean that we would in fact be pumping approximately Dh5 billion into the UAE economy," said Ashok K. Gupta, chief executive, GCC operations, Bank of BarodaBank of Baroda.
The third-largest bank in India has posted an all-time business of Rs416,000 crore ($93 billion) as on March 31, 2010. Bank of BarodaBank of Baroda, the only Indian bank in the UAE offering an entire range of banking services, has branches in Abu Dhabi, Al Ain, Bur Dubai, Deira, Sharjah and Ras Al Khaimah. It also has four customer service centres in Jebel Ali, Mussaffa, Al Qusais and at RAKIA, with a fifth one scheduled to be opened shortly at Shaikh Zayed Road, and another five in the pipeline.
Bank of BarodaBank of Baroda
, which is working with the objective of becoming the "most-preferred bank" in the UAE, is expected to launch a mobile customer service centre soon.The bank's ATM network has now reached 40. In addition to the UAE, Bank of BarodaBank of Baroda is also present in Oman and Bahrain, and is also planning to start operations in Kuwait, Qatar and Saudi Arabia, which will make it the only bank offering services in all GCC countries.
© Khaleej Times 2010
Zawya is a distributor (and not a publisher) of content supplied by third parties and subscribers. Any opinions, advice, statements, services, offers, or other information or content expressed or made available by those third parties, including information providers, subscribers or other users of the Service, are those of the respective author(s) or distributor(s) and not of the Company. The Company neither endorses nor is responsible for the accuracy or reliability of any opinion, advice or statement made on the Service by anyone other than authorized Service employee spokespersons while acting in their official capacities. The Company is not responsible for any infringement of intellectual property rights or breach of any applicable law or regulation, including regulation in relation to financial services or the distribution of financial products, defamation, data protection, telecommunications (including regulations relating to excessive use, spamming or other abusive activities) or obscene, offensive or illegal content). Under no circumstances will the Company be liable for any loss or damage caused by a member's reliance on information obtained through the Service. It is the responsibility of member to evaluate the accuracy, completeness or usefulness of any information, opinion, advice or other content available through the Service. Please seek the advice of professionals, as appropriate, regarding the evaluation of any specific information, opinion, advice or other content.
Read the full Member Agreement
http://www.zawya.com/legal/NewsLetter.cfm?name=disclaimer
More News in Financial Services
Loading ...
Post a Comment
1.1 Contain any material which is libelous or defamatory of any person, is obscene, offensive, hateful or inflammatory or causes damage to the reputation of any person or organisation.
1.2 Promote sexually explicit material, violence, discrimination based on race, sex, religion, nationality, disability, sexual orientation or age or any illegal activity.
1.3 Be made in breach of any legal duty owed to a third party, such as a contractual duty or a duty of confidence.
1.4 Be threatening, abuse or invade another's privacy, or cause annoyance, inconvenience or needless anxiety.
1.5 Be used to impersonate any person, to misrepresent your identity or affiliation with any person, or be likely to deceive any person.
1.6 Give the impression that they represent Zawya.
1.7 Advocate, promote or assist any unlawful act such as (by way of example only) copyright infringement or computer misuse.