By:-

Amruta Sawant (40)

Vivek College Of Commerce

(SEM-1)
 Bank of Baroda: Key Strengths
 BoB is a leading 100 years old PSB in India with modern and contemporary
personality, offering banking products and services to industrial and commercial,
retail and agricultural customers across the country.

Overseas Business Modern & Contemporary

Uninterrupted Record
Operations extend across
in Profit-making and Personality
25 countries
Dividend Payment through 74 branches/ Offices
Strong Domestic
Presence through
Pioneer in many
2,899 branches
Customer-Centric
Initiatives
Provides Financial
First PSB to receive Services to around
Corporate Governance 36.3 million customers
Rating (CAGR-2) globally

Steady Movement towards Rapid & Significant

A well-accepted &
International best practices – Technology Progression
recognised Brand in
Indian banking industry Preparing financials under Since FY06
US GAAP
Introduction
• Founded 1908
• Headquarters :- Bandra Kurla Complex
• The 3 largest bank in India
• BOB has total assets in excess of Rs. 2.27 lakh crores, or
Rs. 2,274 billion.
• Network of over 3,000 branches and offices, and about
1,100 ATMs
• Plans to open 400 new branches in the coming year
• Total business was Rs. 4,402 billion as of June 30 2010.
 History 1908-1959
• 1908: Maharaja Sayajirao Gaekwad III set up
Bank of Baroda (BOB).
• 1910: BoB established its first branch in
Ahmedabad.
• 1957: BoB established a branch in London.
• 1959: BoB acquired Hind Bank
 1960
• 1969: The government of India nationalized
14 top banks, including BoB.
• BoB incorporated its operations in Uganda as
a 51% subsidiary, with the government
owning the rest.
 1990s
• BoB also acquired Punjab Cooperative Bank in
a rescue. 1999: BoB merged in Bareilly
Corporation Bank in another rescue. At the
time, Bareilly had 64 branches, including four in
Delhi.
• In Guyana, BoB incorporated its branch as a
subsidiary, Bank of Baroda Guyana. BoB added
a branch in Mauritius, but closed its Harrow
Branch in London.
2000s
• 2005: BoB built a Global Data Centre (DC) in Mumbai for running its
centralized 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 Thailand.
• 2006: BoB established an Offshrore Banking Unit (OBU) in
Singapore.
• 2007: In its centenary year, BoB’s total business crossed 2.09 lakh
crores, its branches crossed 1000, and its global customer base 29
million people.
• 2008: BoB opened a branch in Guangzhou, China (02/08/2008).
• 2008: BoB opened a joint venture life insurance company with
Andhra Bank and Legal and General (UK) called IndiaFirst Life
Insurance Company
• 2009: The Bank of Baroda registered with the Reserve Bank of New
Zealand, enabling it to trade as a bank in New Zealand (2009/09/01)
 2010
• 2010: Malaysia awarded a commercial
banking license to a locally incorporated bank
to be jointly owned by Bank of Baroda, Indian
Overseas Bank and Andhra Bank. The new
bank, India BIA Bank (Malaysia), will reside in
Kuala Lumpur, which has a large population of
Indians. Andhra Bank will hold a 25% stake in
the joint-venture, BoB will own 40% and IOB
the remaining 35%.
 Bank of Baroda financials 2010
• Sales Rs. 17,754 crores
• Profits Rs. 3,058.33 crores
• Assets Rs. 2,78,316.70 crores
 Products
• Deposits
• Money Transfer
• Trade Finance
• Term Loans
• Foreign Exchange
• Other Services (Credit card, Debit Card)
 Deposits
• Recurring deposit
• Fixed Deposits
1. Regular
2. 5 yr saving deposit
3. Super saving
• Safe Deposit
• Lockers
 Money Transfer
• Saving Ac
Regular saving(3.7%)
 Saving Plus (3.7%)
Senor citizen (4%)
No frill Saving AC (0%)
• Current AC
• Trade Finance
Dmat AC (Online Trading)
Loans
• Personal loan
• Vehicle loans (2wheeler,4 wheeler)
• Housing loans
• Loans against gold
• Education loan
 Foreign education loans (up to 15 lacs)
 Home education loans (up to 7.5 lacs)
• Health and care finance
• Working capital Finance
(Rate of interest is not declared at the time)
 Other Services
• Credit card (3.5 % Fluctuating)
• Debit Card
• Prepaid Card
Thank you.