Bank of Baroda

Bank of Baroda (BOB or BoB) is an Indian 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.

Bank of Baroda Ltd.
Company typePublic
Traded as
ISININE028A01039
Industry
Predecessor
Founded20 July 1908 (1908-07-20)
FounderSayajirao Gaekwad III
Headquarters
Vadodara, Gujarat
,
India
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)
Net income
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)
OwnerGovernment of India (63.97%)
Number of employees
79,806 (2022)
Capital ratio14.99%
Websitewww.bankofbaroda.in
Footnotes / references

The Maharaja of Baroda, Sayajirao Gaekwad III, founded the bank on 20 July 1908 in the princely state of Baroda, in Gujarat. 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).

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