#BOBTurns113
Bonding for a Better Tomorrow
Your trust over the years is the foundation of our success.
The Maharaja of Baroda, Maharaja Sayajirao Gaekwad III, founded Bank of Baroda on 20 July 1908 in the Princely State of Baroda, in Gujarat. This year, it’s our 113th Foundation Day, and we’ve so many reasons to celebrate and cherish our journey so far. We’ve come a long way as #BOBTurns113. And in this, you’ve been our constant companion. Sharing both the good times and the bad, we’ve together strived towards bonding, working, and creating #ABetterTomorrow for all of us.
Given the current times, the world today is thriving with an unforeseen issue. The pandemic has changed the way we’ve functioned all these years. But this did not stop the bank from moving ahead with persistence and determination. We answered every challenge with a change. Change in our perspective and change in our solutions. Today, our services continue to excel but we keep safety at the forefront. Today, we’ve adapted to the ever-changing technology but also made banking easy. All this, while supporting the nation’s economy and contributing to its efforts in creating #ABetterTomorrow
Banking the Unbanked
Enhancing Agricultural Growth
Digital India: Way Forward
Meeting Housing Aspirations
Empowering Entrepreneurial Dreams
Baroda Startup
113th Foundation Day
Key Milestones
1908
- The Bank was set up at Baroda by the Maharaja of Baroda, Sir Sayajirao Gaekwad - III
- First Branch Mandvi, Baroda
1953
- First Overseas Branch at Mombassa, Kenya
1957
- Established its operations in United Kingdom at London
1968
- Established Department of Agriculture Finance
1969
- Nationalisation of Banks. "The Bank of Baroda Ltd." became "Bank of Baroda."
1976
- Opened first of its 19 Regional Rural Banks
1996
- One of the First nationalized Banks to tap Capital Market through Public Issue of Equity Shares
2002
- Relocated its Corporated Headquarters to the imposing Baroda Corporate Centre at Bandra-Kurla Complex in Mumbai
2003
- Launched Baroda Swarajgar Vikas Sansthan - An exclusive institution for training of the Rural Youth
2004-06
- Strategic Tie-ups with Non-Life and Life Insurance Companies for Bancassurance (National Insurance / HDFC Standard)
2005
- Launched the New Corporate Identity - The Baroda Sun
- Signed contract with Hewlett Packard as Technology Partner
- Commissioned State-of-the-art Global Data Centre
2006
- Established India's First Retail Loan Factory built around assembly line production principle - An innovative Sales & Delivery Model
- Launched Core Banking Solution and Internet Banking
- Established India's First SME Loan Factory built around assembly line production principle - An innovative Sales & Delivery Model
2006-09
- Strategic Tie-ups with Asset Management Companies
2007
- Established India's First Gen-Next Branch, A unique fusion of "Hi-Tech and High-Touch" Bank dedicated to youth
- Interconnected 24 Hours ATM Network
- Established Baroda Grameen Paramarsh Kendra (BGPK) in quest of Corporate Social Responsibilities
- Association with India Infoline for offering Online Trading Platform for Equity and Derivatives Trading
- Set up a Joint Venture for Mutual Funds "Baroda Pioneer Asset Management Company Ltd." with Pioneer Investments of Italy
2007-08
- 100 years "Young" Organisation - Celebrated Completion of 100 years of establishment
2009
- 100% implementation of Core Banking Solution - An "Any Time Any Where Banking" facility (Domestic)
- Launched Bank's BPR project - "Project - Navnirmaan" covering BPR and organizational restructuring and modernization of Branches
- Set up a Joint Venture for Life Insurance "IndiaFirst Life Insurance Company Ltd." with Legal & General of UK and Andhra Bank
2010
- Launched Brand Mascot 'Stickman' increasing usage of alternate delivery channels
2011
- Launched "Baroda M-Connect" - The mobile banking facility for banking transactions using mobile phone
- Launched Signature Tune for enhancing the Brand value by adding sonic edge to the Brand
- A global network of 3500+ branches and 1700+ networked ATMs offering an All inclusive "Any Time Any Where Banking"
2013
- Opening of 100th Overseas Branch in Dubai
- Launched Pilot Agri Loan Factory
- Launched E-Lobby concept of 24 x 7 Banking encompassing various banking facilities under one roof
2014
- Launched Baroda Adarsh Grameen Branch - An innovative Rural Branch concept of engaging Villagers
- Launched Door Step Banking Services
- Names Brand Mascot as : BOBMitra - Dost You Can Bank On
- More than 25000 customer touch points [5000+ Branches, 6250+ ATMs, 25 Countries]
2019
- Amalgamation of erstwhile Dena Bank and erstwhile Vijaya Bank with Bank of Baroda
- Launch of Baroda Kisan Application
- Roll out of Baroda Startup Banking initiative
2020
- Inauguration of Bank of Baroda IIT Bombay Innovation Centre
- Launch of BarodaINSTA SmartTrade
Join us in the celebration as we turn 113 years. Follow us on social media for the latest updates and exciting contests.