State-run Bank of Baroda (BoB) made it simple and easy for its business correspondents (BCs) to steal money from the accounts of its customers. And some of them did steal Rs22 lakh from 362 customers, internal audit reports and records of the Bank have revealed, according to a report from Al Jazeera
The Reserve Bank of India (RBI) has directed Bank of Baroda (BoB) to suspend, with immediate effect, any further onboarding of their customers onto the bob World mobile application.