Bank Of Baroda Case Study

1591 Words7 Pages
4.1.3 Bank Of Baroda Bank of Baroda is an Indian state-owned banking and financial services company headquartered in Vadodara (earlier known as baroda) in Gujarat, India. Its headquarters is in Vadodara, it has a corporate office in the Bandra Kurla complex in Mumbai. Bank of Baroda is one of the big four banks of India, along with ICICI Bank, State Bank Of India and Punjab National Bank. Based on 2014 data, it is ranked 801 on forbes global 2000 list. Bob has total assets in excess of ₹ 3.58 trillion, a network of 5307 branches in india and abroad, and over 8000 ATMS. The bank was founded by the Maharaja of Baroda, Maharaja Sayajirao Gaekwad III on 20 july 1908 in the princely state of Baroda, in Gujarat. The bank, along with 13 other major commercial banks of India, was nationalised on 19 july 1969, by the government of India and has been…show more content…
Bsb was established in 1946 but traced its origins back to 1871 and its function as the treasury office of the benares state. In 1964, bsb had acquired Bareilly Bank (Est. 1934), with seven branches in western districts of Uttar Pradesh; bsb also had taken over Lucknow Bank in 1968. The acquisition of bsb brought bob 105 new branches. Lucknow bank, a unit bank with its only office in Aminabad, had been established in 1913. Also in 2002, BOB listed Bank of Baroda (Uganda) on the Uganda Securities Exchange(USE). The next year BOB opened an OBU in Mumbai. In 2004 BOB acquired the failed Gujarat Local Area Bank. BOB also returned to Tanzania by establishing a subsidiary in Dar-Es-Salaam. BOB also opened a representative office each in Kuala Lumpur, Malaysia, and Guangdong, China. • 2005: BOB built a Global Data Centre (DC) in mumbai for running its centralised banking solution (cbs) and other applications in more than 1,900 branches across india and 20 other counties where the bank operates. BOB also opened a representative office in

More about Bank Of Baroda Case Study

Open Document