Bank of Baroda (BOB)

Overview

Bank of Baroda (BOB) is Indian state-owned commercial bank + NSE: BANKBARODA BSE: 532134 + Government of India Ministry of Finance ~64%+ controlling + Indian retail + institutional + foreign investors free float + one of India's largest state commercial banks by assets + branches + founded Jul 20 1908 in Vadodara India as Bank of Baroda by Maharaja Sayajirao Gaekwad III + Jul 19 1969 Indian banking nationalisation + Apr 1 2019 Vijaya Bank + Dena Bank consolidation + ~165M+ BOB customers globally [1, in-cro].

History

Jul 20 1908 — Bank of Baroda founded in Vadodara India by Maharaja Sayajirao Gaekwad III of Baroda as princely state commercial bank distinctive Indian banking heritage.

Jul 19 1969 — Bank of Baroda nationalised under Indira Gandhi-era Indian Banking Nationalisation Act consolidating BOB into Government of India-owned commercial bank.

Apr 1 2019 — Bank of Baroda consolidates Vijaya Bank + Dena Bank as first wave of Modi government's PSB merger consolidating into India's third-largest state commercial bank by assets distinctive Indian banking consolidation.

2014 — bob World Mobile banking app launch.

Ownership & operator

Operating entity: Bank of Baroda BOB (Indian state-owned commercial bank; NSE: BANKBARODA; BSE: 532134).

Major shareholders: Government of India Ministry of Finance ~64%+ controlling + Indian retail + institutional + foreign investors free float.

Regulators: Reserve Bank of India RBI + national regulators across 22+ countries.

Technical integration

bob World Mobile app (iOS + Android; ~165M+ BOB customers globally) + bankofbaroda.in online + Bank of Baroda branch network across India + UK + US + UAE + Kenya + Uganda + Botswana + Fiji + Guyana + New Zealand + Mozambique + Australia + Oman + Bahrain + Mauritius + Belgium + Italy + Bahamas + Myanmar + Maldives + Bangladesh international branches + BOB Visa + Mastercard + RuPay cards; RuPay Indian national card scheme + EMVCo QRCPS QR payments + Bharat QR (Indian national QR payment scheme) + UPI Unified Payments Interface (Indian instant payments) + Indian Rupee INR domestic transfers.

Implementations & partners

Major Indian banking + payments competitors: [[sbi-india]] (State Bank of India SBI; India's largest commercial bank by assets + branches) + [[hdfc-bank]] (HDFC Bank; India's largest private commercial bank by assets) + [[icici-bank]] (ICICI Bank) + [[axis-bank]] (Axis Bank) + [[kotak-mahindra]] (Kotak Mahindra Bank) + [[pnb-india]] (Punjab National Bank PNB) + [[canara-bank]] (Canara Bank) + [[upi]] (Unified Payments Interface UPI).

Regulators: Reserve Bank of India RBI + national regulators across 22+ countries.

Status

Active, Indian state-owned commercial bank + NSE:BANKBARODA BSE:532134 + Government of India Ministry of Finance ~64%+ controlling + one of India's largest state commercial banks by assets + branches + founded Jul 20 1908 in Vadodara India as Bank of Baroda by Maharaja Sayajirao Gaekwad III + Jul 19 1969 Indian banking nationalisation + Apr 1 2019 Vijaya Bank + Dena Bank consolidation + ~165M+ BOB customers globally [1, 2].

Sources

• 1 BOB — official
• 2 BOB — Wikipedia
• in-cro In-corpus: reports/countries/IN-india.md

Source

Biography extracted from bob-india.md. See matrix.md for standards-support matrix if present.