History Of Bob Bank

Hello sir do you have knowledge about the history of Bank of Baroda? I want to know the history of bank of Baroda?

[Rajkumar Agarwal]

The Bank of Baroda was founded by Maharaja Sayajirao Gaekwad in July 1908. It started with a paid up capital of Rs 10 lakh. Bank of Baroda is a pioneer in various customer centric initiatives in the Indian banking sector.

The bank of Baroda In 1908, Maharaja Sayajirao Gaekwad III, set up the Bank of Baroda (BoB),with other stalwarts of industry such as Sampatrao Gaekwad, Ralph Whitenack, Vithaldas Thakersey, Tulsidas Kilachand and NM Chokshi.

In 1961, BoB merged in New Citizen Bank of India.

In 1972, BoB acquired Bank of India's operations in Uganda

In 1980, BoB opened a branch in Bahrain and a representative office in Sydney, Australia. BoB, Union Bank of India and Indian Bank established IUB International Finance, a licensed deposit taker, in Hong Kong.

Business
Retail banking:
It offers products and services such as deposits, loans, credit and debit cards, demat services, remittances, ECS (electronic clearing services, government business, etc.

Rural and agri banking
Corporate banking
SME
Wealth Management

Bank's subsidiaries:

Domestic
BOBCARDS Ltd.
BOB Capital Markets Ltd.
Nainital Bank Ltd.

Overseas:
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.