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  #2  
3rd August 2015, 12:29 PM
Super Moderator
 
Join Date: Apr 2013
Re: Bank of Baroda is Nationalised or not

As you want to know about that is Bank of Baroda Nationalized or not, then I want to tell you Bank of Baroda, along with 13 other major commercial banks of India, was nationalized on 19 July 1969, by the Government of India and has been designated as a profit-making public sector undertaking (PSU).

As you want to invest your money as Fixed deposit in Bank of Baroda, so I woult like to tell you that your decision is not wrong , here I am providing financial position of this bank of last year:

Global_Business 154.28 billion (US$2.4 billion) (Sept 2014)
Total Deposits 91.81 billion (US$1.5 billion) (Sept 2014)
Total Advances 62.47 billion (US$990 million) (Sept 2014)
Total Investments 21.04 billion (US$330 million) (Sept 2014)
Total Assets 106.84 billion (US$1.7 billion) (Sept 2014)
Capital 0.07 billion (US$1.1 million) (Sept 2014)
Reserves & Surplus 6.19 billion (US$98 million) (Sept 2014)
Gross Profit(H1) 0.79 billion (US$13 million) (Sept 2014)[6]
Net Profit(H1) 0.40 billion (US$6.3 million) (Sept 2014)[7]
Domestic Deposits 61.48 billion (US$980 million) (Sept 2014)
Domestic CASA 19.61 billion (US$310 million) (Sept 2014)
Domestic Advances 41.91 billion (US$670 million) (Sept 2014)
Global Gross NPA 2.11 billion (US$33 million) (Sept 2014)
Global Net NPA 1.09 billion (US$17 million) (Sept 2014)
Ret'n Assets(%)Annualzd 0.75% (Sept 2014)
Basel III Tier I CRAR 9.26% (Sept 2014)
Basel III CRAR 12.19% (Sept 2014)
Book Value/Share 14.18 billion (US$230 million) (Sept 2014)[6][8]
Customer base 47.74 million
Deposits accounts 53.35 million
Borrower accounts 3.04 million
Employees 49956
Domestic Branches 5193 [9]
Metro Branches 969
Semiurban branches 1321
Rural Branches 1833
Overseas branches 60
Overseas Offfices 44
ATM 7000 approx
  #3  
14th December 2015, 12:52 PM
Unregistered
Guest
 
Re: Bank of Baroda is Nationalised or not

Hello sir, would you please tell me about Bank of Baroda is Nationalised or not .
  #4  
14th December 2015, 12:52 PM
Super Moderator
 
Join Date: Apr 2013
Re: Bank of Baroda is Nationalised or not

Hello, yes Bank of Baroda is Nationalised.
Nationalised Banks are banks, which were acquired by the Government from private firm or person under an Act or Ordinance.

Here I am providing you List of other Nationalised Banks in India
:
1. Allahabad Bank
2. Andhra Bank
3. Bank of Baroda
4. Bank of India
5. Bank of Maharashtra
6. Canara Bank
7. Central Bank of India
8. Corporation Bank
9. Dena Bank
10. Indian Bank
11. Indian Overseas Bank
12. Oriental Bank of Commerce
13. Punjab and Sind Bank
14. Punjab National Bank
15. State Bank of Bikaner & Jaipur
16. State Bank of Hyderabad
17. State Bank of India (SBI)
18. State Bank of Indore
19. State Bank of Mysore
20. State Bank of Patiala
21. State Bank of Saurashtra
22. State Bank of Travancore
23. Syndicate Bank
24. UCO Bank
25. Union Bank of India
26. United Bank of India
27. Vijaya Bank


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