23 October 2026
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Bank of Baroda ED Lal Singh Honoured with SKOCH Challenger Award for Financial Inclusion 

The award recognises Lal Singh’s contribution to financial inclusion and Bank of Baroda’s efforts to expand accessible banking services for underserved sections of society.
Indian Masterminds Stories

Mumbai: Lal Singh, Executive Director of Bank of Baroda, has been conferred the SKOCH Challenger Award for Financial Inclusion in recognition of his contribution to advancing financial inclusion and expanding access to banking services.

The award was presented during the inaugural session of the BFSI Forum – 110th SKOCH Summit, held at the India Habitat Centre in New Delhi on September 26, 2026. The summit was organised around the theme “Banking Bharat for Inclusive Growth.”

Lal Singh Receives SKOCH Challenger Award

The SKOCH Challenger Award recognised Lal Singh’s work and contribution towards promoting financial inclusion.

The award was presented by Prof. S. Mahendra Dev, Chairman of the Prime Minister’s Economic Advisory Council, in the presence of the Chairman of SKOCH Group and other dignitaries.The recognition highlights efforts aimed at making banking services more accessible to people who remain underserved by the formal financial system.

Read also: Bank of Baroda Launches CSR Programme in Ranchi to Empower Girl Students with Essential Support 

Award Presented at 110th SKOCH Summit

The award ceremony took place during the inaugural session of the BFSI Forum – 110th SKOCH Summit in New Delhi.

The summit focused on the theme “Banking Bharat for Inclusive Growth,” with discussions around the role of the banking and financial services sector in supporting wider and more inclusive economic participation.

Bank of Baroda’s Focus on Financial Inclusion

The award also acknowledges Bank of Baroda’s sustained efforts towards promoting financial inclusion and providing accessible banking services to underserved and marginalised sections of society.

The bank continues to focus on expanding its banking outreach across the country and enabling wider access to formal banking services.

Financial inclusion remains important for connecting underserved communities with banking facilities and supporting their participation in the formal financial system.

Key Highlights

  • Award: SKOCH Challenger Award for Financial Inclusion
  • Recipient: Lal Singh, Executive Director, Bank of Baroda
  • Event: BFSI Forum – 110th SKOCH Summit
  • Date: September 26, 2026
  • Venue: India Habitat Centre, New Delhi
  • Theme: “Banking Bharat for Inclusive Growth”
  • Presented by: Prof. S. Mahendra Dev, Chairman, Prime Minister’s Economic Advisory Council
  • Recognition: Contribution towards financial inclusion and accessible banking services

About Bank of Baroda

Bank of Baroda (BoB) is a public sector bank headquartered in Vadodara, Gujarat. Established in 1908, the bank provides a wide range of banking and financial services through its domestic and international network, with a focus on supporting customers across different segments and expanding access to banking services.

Read also: Bank of Baroda Launches AI-Powered bob World 2.0 Mobile Banking App at GFF 2026


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