MUMBAI: State owned Bank of Baroda (BoB) has shifted its information technology (IT) and treasury operations to alternative sites outside Maharashtra as part of its business continuity plan amid the nationwide lockdown to counter the covid-19 outbreak, said the lender's chief executive officer (CEO) Sanjiv Chadha.
Keeping the two critical functions of the bank running is necessary, Chadha said. “We had to make sure that the bank is covid-19 proof when it came to these two functions," Chadha told Mint over a phone call, adding that the bank's IT facility will operate out of Hyderabad and treasury from Vadodara.
Maharashtra, India’s financial capital, has over 2,000 patients infected by the deadly virus, highest among all states. As most of