 "Bank of Baroda")
Public sector lender Bank of Baroda (BoB) is moving key functions like rural and agriculture banking, digital banking, financial inclusion, and Human Resources to Baroda in Gujarat as part of its organisational transformation. Also, it will shift much of the information technology (IT) activity to Hyderabad, where it is building a data centre.
As a consequence of this decision, over 500 people will relocate to Baroda and Hyderabad. The work for shifting functions and people is being spread over three months.
Elaborating on the rationale for the decision, P B Jayakumar, managing director and chief executive, said it is
