Bank of Baroda

Bank of Baroda Ltd.
Company typePublic
ISININE028A01039
Industry
Predecessor
Founded20 July 1908; 116 years ago (1908-07-20)
FounderSayajirao Gaekwad III
Headquarters
Vadodara, Gujarat
,
India[1]
Number of locations
9,693 Branches
10,033+ ATMs (March 2023)
Area served
India & Worldwide
Key people
Products
RevenueIncrease ₹1.42 lakh crore (US$17 billion) (2024) [3]
Increase ₹25,799 crore (US$3.1 billion) (2024) [3]
Increase ₹18,767 crore (US$2.2 billion) (2024) [3]
Total assetsIncrease ₹16.55 lakh crore (US$200 billion) (2024) [3]
Total equityIncrease ₹1.18 lakh crore (US$14 billion) (2024) [3]
OwnerGovernment of India (63.97%)
Number of employees
74,227 (2024)
Capital ratio14.99%
Websitewww.bankofbaroda.in
Footnotes / references
[4][5]

Bank of Baroda (BOB or BoB) is an Indian government Public sector bank headquartered in Vadodara, Gujarat. It is the second largest public sector bank in India after State Bank of India. Based on 2023 data, it is ranked 586 on the Forbes Global 2000 list.[6][7][8]

The Maharaja of Baroda, Sayajirao Gaekwad III, founded the bank on 20 July 1908 in the princely state of Baroda, in Gujarat.[9] The Government of India nationalized the Bank of Baroda, along with 13 other major commercial banks of India, on 19 July 1969 and the bank was designated as a profit-making public sector undertaking (PSU).

  1. ^ "Contact Us". Bank of Baroda. Retrieved 16 March 2019.
  2. ^ "Govt appoints Debadatta Chand as Managing Director of Bank of Baroda". Business Today Desk. Retrieved 29 April 2023.
  3. ^ a b c d e "Balance Sheet 31.03.2024". www.bankofbaroda.in (28 October 2024).
  4. ^ "Annual Report 2020-21" (PDF). Archived (PDF) from the original on 22 December 2021. Retrieved 10 January 2022.
  5. ^ "Subsidiaries & Joint Ventures". bankofbaroda.in. Bank of Baroda. Retrieved 17 November 2023.
  6. ^ "Bank of Baroda". Forbes. Retrieved 3 April 2015.
  7. ^ "Resilience to help Bank of Baroda stay a step ahead of peers". Economictimes. 30 July 2010. Archived from the original on 19 August 2014. Retrieved 28 April 2012.
  8. ^ "Bank of Baroda becomes second public sector lender to hit ₹1 lakh crore market cap". Business Insider. Retrieved 20 June 2023.
  9. ^ "About us - The Heritage". Bank of Baroda. Retrieved 27 March 2013.