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Bank of Baroda ( (IN:BANKBARODA) ) has shared an update.
Bank of Baroda has announced its subscription to 1 crore equity shares of the Indian Digital Payment Intelligence Corporation (IDPIC), acquiring a 50% stake as the initial promoter. This strategic move aims to bolster the digital payments ecosystem in India by establishing a not-for-profit platform that leverages advanced technologies such as AI, machine learning, and blockchain to combat payment fraud and enhance security across the payment network.
More about Bank of Baroda
Average Trading Volume: 646,094
Technical Sentiment Signal: Buy
Current Market Cap: 1498.9B INR
For an in-depth examination of BANKBARODA stock, go to TipRanks’ Overview page.