Bank of Baroda Launches Baroda mDigiNext App to Transform Corporate Cash Management

Varahi media.com online news, Mumbai, 23 March 2025: Bank of Baroda, one of India’s leading public sector banks, has launched the Baroda mDigiNext mobile app, a dedicated cash management services (CMS) app for its corporate customers utilizing Baroda Cash Management Services (BCMS). With this launch, Bank of Baroda becomes one of the few banks in India to introduce a specialized mobile app catering exclusively to the cash management needs of businesses.

Designed to optimize corporate cash flow management, Baroda mDigiNext offers seamless access to critical payment functionalities, enhancing efficiency, expediting financial transactions, and simplifying operations. The app empowers businesses with 24×7 access to essential and advanced financial tools, enabling swift and informed decision-making anytime, anywhere.

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Leadership Insights:

Shri Debadatta Chand, Managing Director & CEO, Bank of Baroda, stated:
“The launch of Baroda mDigiNext marks a transformative shift in corporate cash management, offering a seamless digital banking experience. By integrating advanced tools, a user-friendly interface, and real-time execution, the app will help businesses stay competitive in an evolving financial landscape.”

Shri Lalit Tyagi, Executive Director, Bank of Baroda, remarked:
“Baroda mDigiNext is a milestone in the evolution of digital cash management, reaffirming our commitment to future-ready banking solutions. This app enhances convenience, control, and efficiency for corporate customers, strengthening our position as a trusted financial partner.”

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Key Features of Baroda mDigiNext:

Transaction Management: Initiate, authorize, or reject transactions, including bulk uploads.
Real-time Tracking: Monitor transactions and workflows end-to-end.
Instant Enquiries: Raise real-time queries on transaction status.
Account Overview: Access account summaries and mini-statements.
Centralized Dashboard: View consolidated financial data for all group entities.
Advanced Security: Multi-layered protection with OTP verification and 3-Factor Authentication.

Currently available on Android, the iOS version of the app will be launched soon.

With Baroda mDigiNext, Bank of Baroda continues to lead in digital banking innovation, offering corporate clients an enhanced, efficient, and secure cash management experience.