Bank of Baroda
Indian public sector bank / From Wikipedia, the free encyclopedia
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Bank of Baroda (BOB) is a government of India owned Multinational Public Sector Bank headquartered in Vadodara, Gujarat. It is the second largest Public Sector Bank in India after State Bank of India, with 153 million customers(March 2023), a total business of US$291 billion(March 2024), and a global presence of 100 overseas offices. Based on 2023 data, it is ranked 586 on the Forbes Global 2000 list.[5][6][7]
Company type | Public |
---|---|
ISIN | INE028A01039 |
Industry | |
Predecessor | |
Founded | 20 July 1908; 115 years ago (1908-07-20) |
Founder | Sayajirao Gaekwad III |
Headquarters | , India[1] |
Number of locations | 9,693 Branches 10,033+ ATMs (March 2023) |
Area served | India & Worldwide |
Key people |
|
Products | |
Revenue | ₹110,777.98 crore (US$14 billion) (2023) |
₹20,564.54 crore (US$2.6 billion) (2023) | |
₹14,905.20 crore (US$1.9 billion) (2023) | |
Total assets | ₹1,525,878.97 crore (US$190 billion) (2023) |
Total equity | ₹106,049.30 crore (US$13 billion) (2023) |
Owner | Government of India (63.97%) |
Number of employees | 79,806 (2022) |
Capital ratio | 14.99% |
Website | www |
Footnotes / references [3][4] |
The Maharaja of Baroda, Sayajirao Gaekwad III, founded the bank on 20 July 1908 in the princely state of Baroda, in Gujarat.[8] 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).