newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra
Banking and Finance

Bank of Baroda Announces Strategic Realignment of Zones

Bank of Baroda Announces Strategic Realignment of Zones

Forms 3 New Zones – Surat, Varanasi and Jodhpur

 The Bank now has a total of 25 zones

Bengaluru, 03rd April, 2025: Bank of Baroda (BoB), one of India’s leading public sector banks, has announced a strategic realignment of its zonal structure with the creation of 3 new zones that will help the Bank drive sustainable business growth, enhance customer service and improve operational efficiencies. Effective 1st April, 2025, the Bank has established the following new zones:

  • Surat Zone (earlier part of Baroda Zone)
  • Varanasi Zone (earlier part of Lucknow Zone)
  • Jodhpur Zone (earlier part of Jaipur Zone)

The 3 zones were virtually inaugurated by Shri Debadatta Chand, Managing Director & CEO, Bank of Baroda, along with the Bank’s Executive Directors.

With the formation of 3 new zones, the Bank now has a total of 25 zones. This move is part of the Bank’s aspiration to create a more agile organisation that ensures better control through decentralisation, faster growth and reinforces the Bank’s ability to serve customers better.

Shri Debadatta Chand, Managing Director & CEO, Bank of Baroda said, “We are pleased to announce the launch of 3 new zones. The objective is to have more compact zones – this will ensure more effective control and administration, provide a superior banking experience to our customers as well as enable the Bank to grow faster. The new zonal structure will also foster the growth & development of our employees.”

Related posts

DBS Bank India announces USD 250 million lending support for start-ups and ‘new economy’ companies

Newsmantra

BharatPe turns EBITDA positive: Clocks October 2023 as the first profitable month

Newsmantra

BPEA Credit Renames to Ascertis Credit, a New Identity to Align With Its Future Growth Objectives

Newsmantra

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More