"bob-world"

Bank of Baroda has launched bob World 2.0, an AI-powered mobile banking application featuring voice-enabled payments, personal financial management, hyper-personalisation and enhanced security. The app forms the foundation for an omnichannel digital banking ecosystem across mobile and internet platforms

RBI's ban on onboarding customers via BOB World can affect the growth trajectory of Bank of Baroda in the retail product segments over the near term.

The central bank in a statement Tuesday said the action was based on "certain material supervisory concerns" observed in the manner of onboarding of their customers onto the bank's mobile application