Vakrangee tie up with BoB to appoint 1,554 women business correspondents Sakhis in UP

Vakrangee Limited has recently partnered with Bank of Baroda for appointing Women BC Sakhis and providing Banking services in Uttar Pradesh. As per the regulatory filing, Vakrangee will be working with the BoB for the Uttar Pradesh State Rural Livelihood Mission to appoint and onboard 1554 BC Sakhis in the Raebareli and Lucknow districts of Uttar Pradesh.

Dinesh Nandwana, MD & Group CEO, Vakrangee Ltd., remarked, “Vakrangee has always been a Responsible and Socially conscious company. Gender Equality is fundamental to our philosophy and core DNA of being a social equalizer. We strive to build a workplace culture with gender Diversity and believe it is core to the success and growth of our company. We are happy and honoured to announce this partnership with Bank of Baroda which enables us to focus and prioritize having Women Banking BC agents in the state of Uttar Pradesh.”

Notably, the project, being implemented, is part of UPSRLM’s mission to on-board and prioritises Women as BC (Business Correspondent) Sakhis or Banking Agents across all the districts of the state. Vakrangee is one of the partners and facilitators engaged for the project to onboard and provide training and handholding to these BC Sakhis. The project is aimed at improving banking access in rural UP and enhancing the household income of women members.