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23rd January 2017, 04:47 PM
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Join Date: Aug 2012
Re: Bank Of Baroda Joint Venture

The Bank of Baroda is established presence in all the major areas of banking including housing finance, credit cards, asset management and capital market through its various subsidiaries which function in synergy with the Bank.

This diversified presence places the Bank in a position to move towards the concept of Universal Banking.

Bank of Baroda also has joint ventures for life insurance with India First Life Insurance and for asset management with Baroda Pioneer Asset Management.

The bank owns 98.57% in Nainital Bank.

The bank has also sponsored three regional rural banks namely Baroda Uttar Pradesh Gramin Bank, Baroda Rajasthan Gramin Bank and Baroda Gujarat Gramin Bank.

Joint Venture Company (J.V.)

India First Life Insurance Company Limited
M/s India Infradebt Ltd.

International Subsidiaries:

Subsidiary Owned Funds Total Assets Profit Offices Staff Dividend (%)
Joint Venture
Indo-Zambia Bank Ltd. (Lusaka) 41.59 246.25 17.93 7 181 20

Bank of Baroda Subsidiary:
Domestic
BOBCARDS Ltd.
BOB Capital Markets Ltd.
Nainital Bank Ltd.

Overseas Subsidiary
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.


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