‘bob Securities & Giltedge Limited’ commences NBFC operations

Metro India News | MUMBAI : Bank of Baroda announced that bob Securities & Giltedge Limited, its wholly owned subsidiary, has commenced business as a Non-Banking Financial Company (NBFC-ND-ICC). During an event to mark the commencement of operations, bob Securities & Giltedge Limited unveiled its corporate identity & logo and launched its official website, www.bobgiltedge.in.  The launch of bob Securities & Giltedge Limited is in line with the Bank's vision of strengthening the BOB Group through specialised capabilities, creating scale across businesses and building a diversified financial services institution.

Dr. Debadatta Chand, Managing Director & CEO, Bank of Baroda mentioned that the company will contribute to the development and deepening of India’s financial markets through market-making and related activities, enhancing market efficiency and encouraging wider investor participation, including through the RBI Retail Direct platform.