Memorandum of Understanding

Bank of Baroda has reportedly signed a Memorandum of Understanding (MoU) with Assam Rifles, the country's oldest paramilitary force. Bank of Baroda will now provide its 'Central Forces Salary Package' to the personnel of Assam Rifles. The services will be extended to both retired and serving personnel. "We at Bank of Baroda are honoured to be able to serve the Assam Rifles", said Chief Defence Banking Advisor, Bank of Baroda.