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Bank of Baroda


  • Bank of Baroda is an Indian state-owned banking and financial services company headquartered in Vadodara in Gujarat, India

Bank of Baroda facts

  • It is the second largest bank in India, next to State Bank Of India
  • Its headquarters is in Vadodara, it has a corporate office in the Bandra Kurla Complex in Mumbai
  • Based on 2014 data, it is ranked 801 on Forbes Global 2000 list
  • BoB has total assets in excess of ₹ 3
  • 58 trillion, a network of 5326 branches in India and abroad, and over 8000 ATMs
  • The bank was founded by the Maharaja of Baroda, Maharaja Sayajirao Gaekwad III on 20 July 1908 in the Princely State of Baroda, in Gujarat
  • The bank, along with 13 other major commercial banks of India, was nationalised on 19 July 1969, by the Government of India and has been designated as a profit-making public sector undertaking (PSU)
  • In 2015, Bank of Baroda officials recently stumbled upon illegal transfers of a whopping Rs 6,172 crores in foreign exchange, made to Hong Kong through newly opened accounts in the bank's Ashok Vihar branch

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