Bank of Baroda is the third largest public sector bank in India, founded in 1908 and headquartered in Baroda. It has over 4,000 branches globally including over 70 overseas. Some key points in the bank's history include establishing a banking unit in Singapore in 2006, opening a branch in China in 2008, and becoming the third largest bank in India in 2010. The document also provides details on the bank's sustained expansion of its global branch network, consistency in profit-making over time, key financial metrics like net interest margin and NPAs, and acquisitions of other banks.
Bank of Baroda is the third largest public sector bank in India, founded in 1908 and headquartered in Baroda. It has over 4,000 branches globally including over 70 overseas. Some key points in the bank's history include establishing a banking unit in Singapore in 2006, opening a branch in China in 2008, and becoming the third largest bank in India in 2010. The document also provides details on the bank's sustained expansion of its global branch network, consistency in profit-making over time, key financial metrics like net interest margin and NPAs, and acquisitions of other banks.
Bank of Baroda is the third largest public sector bank in India, founded in 1908 and headquartered in Baroda. It has over 4,000 branches globally including over 70 overseas. Some key points in the bank's history include establishing a banking unit in Singapore in 2006, opening a branch in China in 2008, and becoming the third largest bank in India in 2010. The document also provides details on the bank's sustained expansion of its global branch network, consistency in profit-making over time, key financial metrics like net interest margin and NPAs, and acquisitions of other banks.
after State Bank of India and Punjab National Bank Founded in 1908 Headquartered at Baroda It has total of 4267 branches including 70 overseas Has a total staff of 43587 CMD of BOB is M.D.Mallaya
History 2006: BOB established banking unit ( BOU) in Singapore
2007: BOB total business crossed 2.09 lakh crores Branch crossed 1000 Total customer 29 million
2008: BOB opened a branch in china
2009:bank of Baroda registered with the Reserve Bank of New Zealand
2010: bank of Baroda become the third largest bank in India overtaking ICICI Bank Total business crosses 4 Lakh Crores. Apart from the Loans, Deposits, Credit and Debit Cards, Bank of Baroda offers other services to make financial dealings easy and convenient. Demat Baroda health Remittances( Baroda money express) Collection services ECS(electronic clearing services) Government business(PPF , tax collection and savings bonds)
Sustained expansion of global branch network 3904 3364 3100 2926 2853 4021 2899 2974 3148 3418 3959 4078 0 500 1000 1500 2000 2500 3000 3500 4000 4500 FY'08 FY'09 FY'10 FY'11 FY'12 H1, FY13 Domestic Brs Global Brs Consistency in profit-making 3945.23 3184.61 2041.53 1585.81 1281.70 4610.88 658.13 766.14 1319.56 1878.46 2198.92 2440.25 0.00 500.00 1000.00 1500.00 2000.00 2500.00 3000.00 3500.00 4000.00 4500.00 5000.00 Sep'07 Sep'08 Sep'09 Sep'10 Sep'11 Sep'12 Rs crore Gross Profit Net Profit YEAR 2009 2010 2011 2012 NIM 2.91% 2.74% 3.12% 2.97% YEAR 2009 2010 2011 2012 Total NPAs 178.5 204.63 366.27 582.92 YEAR 2009 2010 2011 2012 Credit- Deposit Ratio 81.94% 84.47% 86.77% 86.86% Acquired and merged New Citizen Bank of India Surat Banking Corporation Hind Bank Punjab Cooperative Bank Nainital Bank