Bank of Baroda (BoB) has reportedly signed a Memorandum of Understanding (MoU) with Pine Labs, a merchant platform. The objective of this collaboration is to provide the affordability solution to debit card holders of BoB by way of POS based EMI solutions and as well as to the merchant segment by way of Fintech lending solutions based on POS linked digital transactions.
Bank of Baroda is engaged in providing various services, such as personal banking, corporate banking, international banking, small and medium enterprise (SME) banking, rural banking, non-resident Indian (NRI) services and treasury services.