Economy, Banking and Finance · 19 June 2026
Bank of Baroda (BoB) launches bob Golden Goal Deposit Scheme with rates up to 7.40%
Exam-focused facts from the 19 June 2026 current affairs briefing.
Key facts
- Bank of Baroda (BoB) has launched the 'bob Golden Goal Deposit Scheme' for retail term deposits with a tenure of 555 days.
- For callable deposits, BoB offers interest rates of 6.75% per annum for general customers, 7.25% for resident senior citizens, and 7.35% for resident super senior citizens aged 80 years and above.
- For non-callable deposits, the interest rates are 6.80% for general customers, 7.30% for senior citizens, and 7.40% for super senior citizens.
- The special deposit scheme is applicable on retail term deposits of less than ₹3 crore.
- The launch follows Reserve Bank of India (RBI) measures to boost foreign currency inflows and allows new-to-bank customers to book deposits online without opening a savings account.