Mumbai: Bank of Baroda (BoB), one of India’s premier public sector banks, has secured the 1st runner-up position in the overall Top Performing Banks category of the EASE 7.0 Reforms Index, reaffirming its commitment to digital innovation, workforce transformation, and sustainable banking practices.
The award was received by Mr Debadatta Chand, MD & CEO, Bank of Baroda, along with Executive Directors Mr Sanjay Mudaliar, Mr Lal Singh, and Ms Beena Vaheed, during the formal felicitation ceremony organized under the Enhanced Access and Service Excellence (EASE) initiative of the Department of Financial Services (DFS), Ministry of Finance.
Top Rankings in Technology and Employee Development
Bank of Baroda ranked #1 in the following critical reform themes under EASE 7.0-
- Adoption of new-age technology and advanced capabilities
- Developing employees for emerging banking priorities
- The Bank also secured the #3 rank in two other important categories:
- Effective risk/fraud management, collections and recovery
- Banking towards Viksit Bharat
These top-tier rankings highlight BoB’s evolving role in creating a digitally agile, risk-conscious, and people-centric institution.
Leadership Comments on Achievement
Reacting to the recognition, Mr Debadatta Chand, MD & CEO, said – “This recognition and the Bank’s strong performance across themes reflects our continuous efforts to build a future-ready and people-centric institution – one that is committed to sustainable & responsible growth and to contributing to the nation’s progress. I would like to commend the entire Bank of Baroda team as this recognition is a result of the collective efforts and hard work put in by all Barodians.”
About EASE Reforms
The EASE (Enhanced Access and Service Excellence) initiative, launched by the Department of Financial Services, aims to institutionalize clean and smart banking across Public Sector Banks (PSBs). The EASE 7.0 edition focuses on building customer-centric, tech-enabled, and risk-resilient banks aligned with India’s goal of becoming a developed nation under the “Viksit Bharat” vision.
About BOB
Bank of Baroda is an Indian state-owned banking and financial services organization, headquartered in Vadodara, Gujarat. It was founded on July 20, 1908, by Maharaja Sayajirao Gaekwad III. The bank has a significant domestic presence with numerous branches and ATMs, as well as an international presence with branches in multiple countries. Bank of Baroda also offers various financial products and services, including retail and corporate banking, investment banking, and wealth management.
