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		<title>Bank of Baroda and FSSAI Sign MoU to Launch Customised Web-Based Payment Solution</title>
		<link>https://newsmantra.in/bank-of-baroda-and-fssai-sign-mou-to-launch-customised-web-based-payment-solution/</link>
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		<pubDate>Thu, 31 Jul 2025 13:04:42 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Bank of Baroda]]></category>
		<category><![CDATA[FSSAI]]></category>
		<category><![CDATA[FSSAI Payment Solution]]></category>
		<category><![CDATA[Web-Based Payment]]></category>
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					<description><![CDATA[<p>Bengaluru, July 31, 2025: Bank of Baroda (Bank), one of India’s leading public sector banks, has signed a Memorandum of Understanding (MoU) with the Food Safety and Standards Authority of India (FSSAI) to provide a customised web-based payment solution – ‘FSSAI Payment Solution’. The MoU was signed by Cdr Sharad Aggarwal, Director, FSSAI, and Ms. Mini...</p>
<p>The post <a href="https://newsmantra.in/bank-of-baroda-and-fssai-sign-mou-to-launch-customised-web-based-payment-solution/">Bank of Baroda and FSSAI Sign MoU to Launch Customised Web-Based Payment Solution</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><b>Bengaluru, July 31, 2025:</b> Bank of Baroda (Bank), one of India’s leading public sector banks, has signed a Memorandum of Understanding (MoU) with the <b>Food Safety and Standards Authority of India (FSSAI)</b> to provide a customised web-based payment solution – <b>‘FSSAI Payment Solution’</b>.</p>
<p>The MoU was signed by <b>Cdr Sharad Aggarwal, Director, FSSAI</b>, and <b>Ms. Mini TM, Chief General Manager &amp; Zonal Head, New Delhi Zone, Bank of Baroda</b>, in the presence of Ms. Rachna Mishra, General Manager, Govt Relationship, Shri M.V.S Sudhakar, DGM (Business Development), Shri Baljeet Singh, DGM, Govt Relationship, New Delhi, Shri Samir Kumar Ojha, DGM &amp; Regional Manager, South Delhi Region and Shri Manish Kumar Mishra, Deputy Director, FSSAI.</p>
<p>This collaboration aims to promote <b>ease of doing business</b> by streamlining the digital payment interface with various stakeholders engaging with FSSAI. The solution will simplify and automate the disbursement of grants, vendor payments, and Management Information System (MIS) functionalities. The implementation of this IT-based platform will enable FSSAI and its affiliated agencies to manage grants and payments efficiently. It will also ensure effective monitoring and control over the <b>Nodal Account</b>, including seamless fund flow to <b>State Child Accounts</b> and <b>District Sub-Child Accounts</b> for improved financial oversight and transparency.</p>
<p>The post <a href="https://newsmantra.in/bank-of-baroda-and-fssai-sign-mou-to-launch-customised-web-based-payment-solution/">Bank of Baroda and FSSAI Sign MoU to Launch Customised Web-Based Payment Solution</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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