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Bank of Baroda Wins EAG Laureate Award on Financial Security

State-owned Bank of Baroda has bagged an EAG Laureate award in the International Olympiad of Financial Security held at Sochi, Russia.

  • The Eurasian group on combating money laundering and terrorism (EAG) is a FATF type regional which comprises of 9 members including India.
  • The Financial Action Task Force (FATF) is the global anti- money laundering and anti- terrorist financing body.  
  • It is the second largest public sector bank in India after State Bank of India (SBI).

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