Bank of Baroda (BoB) customers will not be able to use RTGS services due to scheduled system maintenance. However, the bank has said that customers will be able to use other digital channels for fund transfer.
There is important news for the customers of public sector Bank of Baroda. Bank of Baroda (BoB) customers will not be able to use RTGS services due to scheduled system maintenance. However, the bank has said that customers will be able to use other digital channels for fund transfer.
RTGS service will not be available from 10 pm tonight
Bank of Baroda (BoB) said in a tweet, due to scheduled system maintenance activity, Real Time Gross Settlement (RTGS) service will not be available from 10 pm on 18.11.2023 to 4 am on 19.11.2023. We request our customers to use other digital channels like NEFT, IMPS and UPI for fund transfer during this period.
What is RTGS?
RTGS means Real Time Gross Settlement and it is a system where funds are instantly transferred to the account of the account holder of another bank. This fund transfer happens on real time basis.
— Bank of Baroda (@bankofbaroda) November 17, 2023
More than 20% return in 1 year
The returns of shares of government bank Bank of Baroda (BoB) have been better. BOB’s shares have increased by more than 20 percent in one year. The stock has gained 6 percent this year. The return for 6 months was around 10 percent. There was an increase of about 90 percent in 5 years. The share price on November 17, 2023 was Rs 196.90.
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