Bank of Baroda - sponsored regional rural bank - Baroda Gujarat Grameen Bank (BGGB) has launched RuPay ATM Card. Pursuant to this, about 8 lakh customers of BGGB will have access to over 1 lakh ATMs across the country to withdraw cash and carry out other transactions.
BGGB had 148 branches spread across 12 districts in Gujarat, as of end of March 2012. The central government has 50 percent stake in BGGB, while the balance stake is held by Bank of Baroda (35 percent) and Gujarat Government (15 percent).
