Vakrangee shares surge 3% on renewed agreement with Bank of Baroda

Vakrangee shares climbed 3% after the company renewed its Business Correspondent (BC) agreement with Bank of Baroda. This partnership ensures continued delivery of banking and Financial Inclusion (FI) services through over 14,000 Vakrangee Kendra outlets across India.

The agreement supports urban, semi-urban, and rural areas with essential banking services such as account opening, cash deposits, withdrawals, balance inquiries, and access to government social security schemes like PMSBY, PMJJBY, and APY. Vakrangee’s extensive network strengthens financial inclusion, driving sustainable growth and enhancing banking accessibility nationwide.

Advertisement

Vakrangee shares opened at ₹33.58 today, reaching a high of ₹34.19 and a low of ₹33.41 during the session. The stock is trading near its 52-week high of ₹37.69. Over the past year, it has shown significant growth, rebounding from a 52-week low of ₹18.45. As of 9:28 AM, the shares were trading 2.87% higher at Rs 34.02.

Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.