The document provides information on several banks in India:
- Bank of Baroda is the fourth largest nationalized bank in India with over 132 million customers and a total business of $218 billion.
- Union Bank of India is also a government-owned bank with over 120 million customers and total business of $106 billion.
- Andhra Bank was a medium-sized public sector bank with over 2,885 branches across India until it merged with Union Bank of India in 2019.
The document provides information on several banks in India:
- Bank of Baroda is the fourth largest nationalized bank in India with over 132 million customers and a total business of $218 billion.
- Union Bank of India is also a government-owned bank with over 120 million customers and total business of $106 billion.
- Andhra Bank was a medium-sized public sector bank with over 2,885 branches across India until it merged with Union Bank of India in 2019.
The document provides information on several banks in India:
- Bank of Baroda is the fourth largest nationalized bank in India with over 132 million customers and a total business of $218 billion.
- Union Bank of India is also a government-owned bank with over 120 million customers and total business of $106 billion.
- Andhra Bank was a medium-sized public sector bank with over 2,885 branches across India until it merged with Union Bank of India in 2019.
IIM NAGPUR • It is under the ownership of BANK OF Ministry of Finance, Government of India. • It is the fourth largest nationalised bank in BARODA India, with 132 million customers. • It has a total business of US$218 billion, and a global presence of 100 overseas offices. • The bank has 107 branches/offices in 24 countries (excluding India) • Net Profit/ Loss for the year is 828.96 • It is an Indian government-owned bank UNION BANK under the ownership of Ministry of Finance with 120+ million customers. • It has a total business of US$106 billion. • Union Bank of India was registered on 11 November 1919 • Govt. of India holds 86.75% of shares • It was a medium-sized public sector bank ANDHRA BANK (PSB) of India. • It had a network of 2885 branches, 4 extension counters, 38 satellite offices and 3798 automated teller machines (ATMs) as of 31 March 2019. • The bank operated in 25 states and three Union Territories. • Andhra Bank introduced Internet Banking Facility (AB INFI-net) to all customers of cluster linked branches. • It was also a PSU Bank Which is Merged DENA BANK with Bank of Baroda. • The bank was founded in 1938 and the Indian government nationalized it in 1969. • It was headquartered in Mumbai and had 1,874 branches. • As of March, 2018, the income of Dena bank from investments was Rs. 2,681.90 Cr. • It is a joint venture of India's public sector INDIA LIFE banks (Bank of Baroda (44%) and Union Bank of India (30%), and UK's INSURANCE financial and investment company, Legal & General (26%). • The company has paid-up share capital of INR 663 crore. • It was incorporated in November, 2009. • It follows the "Bancassurance" (Bank Insurance Model) which uses the existing customer base of the promoter banks • It was a PSU Bank Which is Merged with VIJAYA BANK Bank of Baroda in April 2020 with its head office in Bangalore, Karnataka, India. • The bank had a network of 2031 branches (as of March 2017) throughout the country. • It had over 4000 customer touch points including 2001 ATMs. • The bank's total business is over ₹2,29,000 crore comprising deposits of ₹1,33,012 crore and advances of ₹96,821 crore as of 31 March 2017. THANK YOU