#1
3rd August 2015, 09:46 AM
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Bank of Baroda is Nationalised or not
Hi guys I want to open my FD account in Bank of Baroda but before it I want to tell you that is Bank of Baroda Nationalised or not , plz tell me about it???
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#2
3rd August 2015, 12:29 PM
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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
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Re: Bank of Baroda is Nationalised or not
Hello sir, would you please tell me about Bank of Baroda is Nationalised or not .
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#4
14th December 2015, 12:52 PM
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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 |