Economy · India
Bank of Baroda Boosts Cyber Security and Plans Overseas Expansion
Bank of Baroda is increasing its spending on information technology, exceeding 10% of its operating profit, to enhance cyber safeguards. The bank is also planning international expansion, with a focus on wholesale banking in developed markets and considering retail banking in emerging economies. Bank of Baroda anticipates an improvement in its margins for the December quarter.
How outlets across the spectrum covered it
L 1 C 2 R 0
- Left (1): The Telegraph (India)
- Centre (2): Mint, The Economic Times