Bank Of Baroda
Bank of Baroda
Bank of Baroda is an Indian Multinational public sector banking and financial services company. It is owned by Government of India and headquartered in Vadodara, Gujrath. It has a corporate office in Mumbai, Maharashtra.
Based on 2017 data, it is ranked 1145 on Forbes Global 2000 list. BOB has total assets in excess of Rs.3.58 trillion making it India’s 2nd biggest bank by assets.
The bank was founded by the Maharaja of Baroda, Maharaja Sayajirao Gayakwad III on 20th july 1908 in the Princely state of Baroda in Gujarat. The bank along with 13 other major commercial banks of India, was nationalized on 19 July 1969, by the Government of India and has been designated as a profit making Public Sector Undertaking (PSU).
The bank has 107 branches/ offices in 24 countries (excluding India) including 61 branches/ offices of the bank, 38 branches of its 8 subsidiaries and 1 representative office in Thailand. The Bank of Baroda has a joint venture in Zambia with 16 branches.