Jodhpur – In a strategic move to enhance corporate banking outreach, Bank of Baroda’s Bhilwara Region signed a landmark Memorandum of Understanding (MoU) with Swaraj Suiting Limited. The agreement marks the first Corporate Salary Package tie-up under the newly constituted Jodhpur Zone, signaling a strong start for the zone’s institutional initiatives.
Strengthening Corporate Connect
The MoU aims to provide customized salary accounts and financial services to employees of Swaraj Suiting Ltd., aligning with the Bank’s broader agenda of fostering institutional partnerships and delivering tailored banking solutions.
Adding to the occasion’s significance, the tie-up comes just ahead of Bank of Baroda’s 118th Foundation Day, reflecting the bank’s continued focus on customer-centric growth and strategic alliances.
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Senior Leadership Presence
The signing ceremony witnessed the presence of top leadership from both sides. Mr. Nikhil Mohan, General Manager and Zonal Head of Jodhpur Zone, and Dr. Rajesh Bhakar, Regional Head of Bhilwara Region, represented Bank of Baroda. Mr. Nasir Khan, Director of Swaraj Suiting Ltd., participated from the corporate side.
This collaboration is not only a boost to employee welfare at Swaraj Suiting Ltd. but also reinforces Bank of Baroda’s resolve to expand its corporate footprint through localized service strategies in newly formed zones like Jodhpur.
About BOB
Bank of Baroda (BOB) is an Indian state-owned banking and financial services company, headquartered in Vadodara, Gujarat. It was founded in 1908 by Maharaja Sayajirao Gaekwad III. It’s the third-largest public sector bank in India. BOB offers a wide range of banking and financial services, including deposit accounts, loans, credit cards, insurance, and wealth management.