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Bank of Baroda has appointed Kadgatoor Sheetal Venkatesmurt as head of Digital Channels

Published on November 07, 2023
Current Context: The Bank of Baroda has appointed Kadgatoor Sheetal Venkatesmurt as the head of Digital Channels and Operations and Digital Lending Business. This is a recent development that was announced on November 1, 2023.
Bank of Baroda has appointed Kadgatoor Sheetal Venkatesmurt as head of Digital Channels
  • Kadgatoor Sheetal Venkatesmurt has taken over the charge from Akhil Handa, who resigned from the bank after serving for almost eight years.
  • Akhil Handa was the chief digital officer and the driving force behind the bank’s mobile banking application 'bob World’.
  • However, his departure came in the wake of regulatory restrictions imposed by the Reserve Bank of India (RBI) on the ‘bob World’ mobile application due to supervisory concerns regarding the customer onboarding process.
  • Kadgatoor Sheetal Venkatesmurt will now have to lead the bank’s digital transformation and address the RBI’s concerns to regain full functionality of the mobile application

Question:

Q.1 What is the name of the mobile banking application launched by Bank of Baroda?
a. bob World
b. bob Pay
c. bob Connect
d. bob Digital
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