Bank of Baroda To Seek Investor In Credit Card Business, Says CEO

Bank of Baroda will look for an investor in its credit card business while it also considers a potential listing for its insurance joint venture in the next 18 to 24 months, its chief executive told Reuters. The moves flagged by Sanjiv Chadha late on Monday are part of efforts by the state-owned bank to strengthen its position in a post-pandemic world, with global consultancy firm McKinsey & Co hired to help it to execute broad transformation plans. "We may look at getting an investor into the c
Read more...

;