BoB Launches “Khushiyon Ka Tyohar”

Current Context: The Bank of Baroda (BOB) announced the launch of the “Khushiyon Ka Tyohaar” campaign.

• As an annual festival campaign, it provides a series of offers viz. attractive interest rates on home loans, education loans, car loans, etc.
• The “Khushiyon Ka Tyohaar” campaign also includes a discount on processing charges.
• Under the campaign, the Bank of Baroda (BOB) home loans will be available at an interest rate beginning at 7.95% per annum with no processing charges.
• Car loans will also be available at 7.95% yearly with a discount of 25 basis points.
• Other offers include:

1. no pre-payments and part-payment charges
2. concessional processing charges
3. repayment tenure of seven years

• BOB is a government-owned banking company that was established in 1908 with its headquarters in Vadodara. The current CEO and MD of the company are Sanjiv Chadha.

Question:

Q.1 Who launched the “Khushiyon Ka Tyohar” campaign?
a. SBI
b. BOB
c. UBI
d. AXIS Bank