Bank announces Financial Results for quarter ended, 31st December 2023.
Bank of Baroda (UK) Ltd announces its intention to wind down and close its UK retail banking activities Visit our website https://www.bankofbarodauk.com/ for any further information.
As per revised RBI directives all our Locker-holders are requested to visit Bank of Baroda, Base Branch.
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Open Current Account online at Bank of Baroda to meet all your banking needs. Go to our website to learn more about the different types of current accounts we offer and apply now!
Bank of Baroda deposit plans offer convenient solutions to both working individuals as well as senior citizens. These deposits are categorised into deposits with a term period of less than 12 months, more than 12 months and recurring deposits.
An account for all. B3 Silver Account comes with maximum savings and zero Quarterly Average Balance (QAB). Also, make the most of coins and annual offers from Loyalty Rewardz to fulfill yearlong subscriptions and shopping.
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Bank of Baroda focuses on its employees, offering a career rather than just a job. Various initiatives are in place to groom employees throughout their life cycle. A comprehensive talent management system to groom future leaders of the bank.
Bank of Baroda offers various types of personal banking cards such as Credit, Debit, Prepaid, Business & Travel Cards. Choose the one best suited card for your needs.
28 Apr 2020
Mumbai, 28 April, 2020: Bank of Baroda today conducted a ‘Mega MSME Outreach Programme’ in a unique initiative to connect with MSME borrowers across entire country at a time when the sector is passing through an extremely difficult phase on account of the COVID-19 pandemic and subsequent lockdown.
A large number of MSME borrowers along with the Bank’s concerned General Managers, Zonal Managers, Regional Managers, Branch Managers and Heads of SME Loan factories participated in the live webinar, which was hosted by Executive Director Shri Vikramaditya Singh Khichi. It was an exercise to address the concerns of MSMEs and inform them about various hand-holding measures being taken by the Government of India, Reserve Bank of India and Bank of Baroda in particular, to support them in their efforts to overcome their challenges.
The ‘Mega MSME Outreach Programme’ is a unique, pro-active initiative by Bank of Baroda and probably a first in the industry, considering the scale of outreach across India. An important objective of the webinar was to educate MSME borrowers about various facilities/options made available by the Bank for their benefit. The Bank’s Executives also suggested a road-map with suitable advice and guidance as to how they may utilize these facilities for surmounting the difficulties. Through a Chat Box facility, the participating borrowers were able to raise doubts/queries and bank received approximately 22,000 queries through the Chat Box. Further, the MSME borrowers were made aware of the business opportunities that are likely to arise in certain segments in the post COVID-19 scenario.
In the backdrop of countrywide lockdown, the Bank innovated to conduct this ‘Mega MSME Outreach Programme’ in form of Webinar to bring together a large number of our MSME borrowers from all over India on a virtual platform. The following numbers show that this unique initiative was a resounding success :
“The Department of Financial Services, MoF, GOI is very keen to ensure that the MSME industry remains in good health, as it is one of the growth engines of our economy. This outreach programme was part of our Bank’s continuous and committed efforts to contribute to the national cause. We hope to fructify this initiative with focused and result-oriented measures including liquidity management through special COVID Emergency Credit Line, moratorium on loan instalment/ interest payment, re-assessment of limits, restructuring of loans etc. that would enable our MSME borrowers not only to mitigate the damage caused by COVID-19, but also to regain prosperity.”
Bank of Baroda (“The Bank”) established on July 20, 1908 is a State-owned banking and financial services organization, headquartered in Vadodara (earlier known as Baroda) in Gujarat, India.
Bank of Baroda is India’s leading public sector bank with a strong domestic presence supported by self- service channels. The Bank’s distribution network includes 9,500+ branches, 13,400+ ATMs, 1,200+, self-service e-lobbies and 18,000 Business Correspondents. The Bank has a significant international presence with a network of 100 branches/offices of subsidiaries, spanning 21 countries. The Bank has wholly owned subsidiaries including BOB Financial Solutions Limited (erstwhile BOB Cards Ltd.), BOB Capital Markets and Baroda Asset Management India Ltd. Bank of Baroda also has joint ventures for life insurance viz. India First Life Insurance and India Infradebt Ltd., engaged in infrastructure financing. The Bank owns 98.57% in The Nainital Bank. The Bank has also sponsored three Regional Rural Banks namely Baroda Uttar Pradesh Gramin Bank, Baroda Rajasthan Gramin Bank and Baroda Gujarat Gramin Bank.
(“The Bank”) established on 20th July 1908 is a State-owned banking and financial services organisation, headquartered in Vadodara (earlier known as Baroda) in Gujarat, India.
Bank of Baroda is India’s leading public sector bank with a strong domestic presence supported by self- service channels. The Bank’s distribution network includes 8,200+ branches, 10,000+ ATMs, 1,200+ self-service e-lobbies and 20,000 Business Correspondents. The Bank has a significant international presence with a network of 100 branches/offices of subsidiaries, spanning 20 countries. The Bank has wholly owned subsidiaries including BOB Financial Solutions Limited (erstwhile BOB Cards Ltd.), BOB Capital Markets and Baroda Asset Management India Ltd. Bank of Baroda also has joint ventures for life insurance viz. IndiaFirst Life Insurance Company Limited and India Infradebt Ltd., engaged in infrastructure financing. The Bank owns 98.57% in The Nainital Bank. The Bank has also sponsored three Regional Rural Banks namely Baroda Uttar Pradesh Gramin Bank, Baroda Rajasthan Gramin Bank and Baroda Gujarat Gramin Bank.
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