Bank of Baroda inches up on launching Interoperable Cardless Cash Withdrawal facility

Bank Of Baroda is currently trading at Rs. 185.70, up by 0.05 points or 0.03% from its previous closing of Rs. 185.65 on the BSE.

bank of baroda to raise funds through various ways
Bank of Baroda

The scrip opened at Rs. 185.75 and has touched a high and low of Rs. 186.10 and Rs. 184.35 respectively. So far 219546 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 197.20 on 09-Dec-2022 and a 52 week low of Rs. 89.90 on 20-Jun-2022.

Last one week high and low of the scrip stood at Rs. 187.65 and Rs. 182.10 respectively. The current market cap of the company is Rs. 95618.49 crore.

The promoters holding in the company stood at 63.97%, while Institutions and Non-Institutions held 27.92% and 8.11% respectively.

Bank of Baroda has launched Interoperable Cardless Cash Withdrawal (ICCW) facility wherein a customer can withdraw cash using UPI from the bank’s ATMs. The first public sector bank to launch this service, Bank of Baroda customers as well as customers of other participating issuer banks that use BHIM UPI, bob World UPI or any other UPI application enabled for ICCW on their mobile phone can withdraw cash from a Bank of Baroda ATM without using their debit card

On selecting the option ‘UPI Cash Withdrawal’ at a Bank of Baroda ATM, the customer needs to enter the withdrawal amount, post which a QR code is displayed on the ATM screen.

Bank of Baroda is engaged in providing various services, such as personal banking, corporate banking, international banking, small and medium enterprise (SME) banking, rural banking, non-resident Indian (NRI) services and treasury services.

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