- The award was presented at the Bank of the Year Awards 2025 – Asia-Pacific in London.
- It recognised BoB’s financial resilience, customer-centric innovations, and digital transformation initiatives.
- In 2025, the bank expanded with 184 new branches and introduced phygital branches blending digital and physical services.
- Innovative products like Smart OD (quick working capital within 24 hours) and Liquid Fixed Deposits (flexible withdrawals with interest) strengthened offerings.
- This recognition highlights BoB’s role in driving inclusive finance and global competitiveness.
Question:
Q.1 Which bank was honoured as the ‘Best Bank in India’ for 2025 by The Banker magazine?
a) State Bank of India
b) HDFC Bank
c) Bank of Baroda
d) ICICI Bank
b) HDFC Bank
c) Bank of Baroda
d) ICICI Bank
Answer: c) The Banker magazine honoured Bank of Baroda as the ‘Best Bank in India’ at the Bank of the Year Awards 2025 – Asia-Pacific.
