History of Bank of Baroda :
Bank of Baroda was founded by Maharaja Sayajirao Gaekwad of Baroda on July 20, 1908 with a paid up capital of Rs 10 lakhs. Since then bank has traversed an eventful and successful journey of almost 100 years. Today, Bank of Baroda has a network of 2737 branches including 39 overseas branches spread over 20 countries.
In mid-eighties, the Bank of Baroda diversified into areas of merchant banking, housing finance, credit cards and mutual funds. In 1995 the Bank raised Rs 300 crores through a Bond issue. In 1996 the Bank tapped the capital market with an IPO of Rs 850 crores.
Bank of Baroda took the lead in shifting from manual operating systems to a computerized work environment. Today, the Bank has 1918 computerized branches, covering 70% of its network and 91.64% of its business. Bank of Baroda gives high priority to quality service. In its quest for quality, the Bank has secured the ISO 9001:2000 certification for 15 branches. By end of the 2005-06, the Bank is targeting 54 more branches for this quality certification.
Chairman & Managing Director of Bank of Baroda : Dr. Anil K. Khandelwal
Executive Director of Bank of Baroda : Shri V. Santhanaraman
Executive Director of Bank of Baroda : Shri Satish.C. Gupta
Board of Directors of Bank of Baroda : Shri G.C. Chaturvedi, Shri A. Somasundaram, Shri Milind N. Nadkarni, Shri Amarjit Chopra, Shri Maulin A. Vaishnav, Smt. Masarrat Shahid, Dr. Dharmendra Bhandari, Shri Manesh Prabhulal Mehta, Dr. Deepak Bhaskar Phatak
Corporate Banking Services of Bank of Baroda :
As corporations grow they feel the need to expand and invest in new infrastructure. External finance is one of the most important sources for funding expansion plans. With services ranging from Working Capital Finance, Short Term Corporate Loans, Project Finance to Cash Management and Merchant Banking, Bank of Baroda Corporate Banking offers various options that help fund and enable corporations in their investment and expansion plans. These products also offer merchant banking and cash management solutions. Our global presence, large-scale operability, highly networked systems and local market penetration allow our customers to reap financial benefits to the maximum.
Branch Locator of Bank of Baroda :
Bank of Baroda has an extensive network of over 2700 branches spanning the length and breadth of the country. There is a branch in the vicinity of everyone in need of a banking solution. With a customer centric approach of being operational 24 hours a day, across 22 countries, the bank branches are the last door you will have to knock while on the lookout for an answer to your queries.
NRI Services of Bank of Baroda : We continue to cherish our rich ethnic traditional values and culture, during our personal interface. Yet we are speedily repositioning ourselves in the e-millennium era of banking in India, to take care of your changing needs and expectations. Our information technology strategies are directed towards enabling us to provide you with a state of the art customer convenience, thereby facilitating a global banking experience. We understand you, the NRI's, your needs and immensely value your patronage and would like to extend to you our bouquet of products and services. We assure you the best possible banking experience and will ensure that your wealth continues to grow with us.
Wholesale Banking of Bank of Baroda :
Under Wholesale Banking the corporate customers are identified as Large and Mid corporates. Companies having annual sales turnover of over Rs. 500 crore are classified as Large Corporate and those having annual sales turnover between Rs 100 crore to 500 crore are classified as Mid Corporate. Under Wholesale Banking it has been proposed that Large & Mid Corporate customer of the Bank are located at the identified branches for providing them better services.
Baroda Internet Banking & Baroda Mobile Banking :
Baroda Internet Banking and Baroda Mobile Banking cut across all barriers of conventional time and place based banking. It offers you a truly round the clock, around the globe banking service. Just visit www.bankofbaroda.com and log-in to Baroda Internet Banking/Baroda Mobile Banking and access your account via the internet for balance enquiries, transaction details, order a cheque book and find the status of your order. Similarly, use your mobile phone (SMS/WAP) to access these services.
Personal Banking Services of Bank of Baroda :
Retail Loans
Debit Cards
Lockers
Deposits : Fixed Deposits, Current Bank Account, Savings Bank Account.
Gen Next Services : Gen-Next Junior, Gen-Next Lifestyle, Gen-Next Power, Gen-Next Suvidha
Services : BarodaHealth, Multi City Cheque, Baroda Money Express, Collection Services, ECS, Government Business, Internet/Mobile Banking, Bill Payment, Senior Citizens, etc.