Bank of Baroda History Background

I am MBA student and got an assignment to make project on the topic Bank Of Baroda want to know Bank Of Baroda History Background. Will you provide me history of this bank and also provide me lists of subsidiaries of this bank so that I can put on report?

[Shaleen]

Bank of Baroda is an Indian state-owned banking and financial services company headquartered in Vadodara in Gujarat, India.

It is the fourth-largest bank in India.

Bank Of Baroda History Background:

1969
The Bank was brought into existence by a Ordinance issue on 19th
July, by the Central Government.

1970
Income-Tax consultancy services was set-up in September to assist
its constituents in the filing of income returns.

1986
The bank sponsored and set-up five RRBs taking the total number of
RRBs to 19

1988
The erstwhile `Trades Bank Ltd.' was amalgamated with the Bank.
1989
Rs 891,47,850 capital subscribed for by Govt.

1990
Rs 2704,41,129 capital subscribed for by Govt.

1991
Rs. 11,491.97 lakhs capital subscribed for by Govt.

1992
Rs. 9158.43 lakhs capital subscribed for by Govt.

1993
Rs. 409,34,000 capital subscribed for by Govt.

2014
The Bank has decided to revise interest rates payable on Domestic
and NRE term deposits below Rs. 1 crore & above

Subsidiary

BOBCARDS Ltd.
BOB Capital Markets Ltd.
Nainital Bank Ltd.
Bank of Baroda (Botswana) Ltd.
Bank of Baroda (Kenya) Ltd.
Bank of Baroda (Uganda) Ltd.
Bank of Baroda (Guyana) Ltd.
Bank of Baroda (New Zealand) Ltd
Bank of Baroda (Tanzania) Ltd
Bank of Baroda (Trinidad & Tobago) Ltd.
Bank of Baroda (Ghana) Ltd.