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BANK OF BARODA

Jan 20, 2020 351

HISTORY:

Baroda Bank (BoB) was founded by Maharaja Sayajirao Gaekwad in July 1908. It started with a disbursed capital of Rs 10 lakh. Bank of Baroda is a pioneer in several customer-centric initiatives in the Indian banking sector. Baroda bank  is one of the famous  in the industry to complete an all-inclusive rebranding exercise in which various customer-centric initiatives were carried out along with the logo change. Initiatives include setting up specialized NRI Branches, Gen-Next Branches and Retail Loan Factories / SME Loan Factories with an assembly line approach to processing loans for fast loan disbursement.

Since its rebranding in 2005, the bank has consistently promoted its core strengths to know. Great international presence; Technological advancement and superior customer service etc. The bank had introduced the heart-straight sub-brand BARODA NEXT-State to demonstrate how it has used technology to strengthen long-term relationships for the superior customer experience. The sub has been reinforced by alternative delivery channels such as internet banking, ATMs, mobile banking, etc. and robust delivery equipment such as retail loan factories, SME loan factories, The city, etc. Combined with a knowledgeable staff that offers a personalized service at its various points of contact, it has improved customer interaction and satisfaction.

Thus, the Bank has firmly positioned itself as a technologically advanced bank focused on the customer.
It currently has a network of 3454 branches across India and 86 overseas branches in Australia, Bahamas, Bahrain, Belgium, Botswana, China, Fiji, Ghana, Guyana, Hong Kong, Mauritania, Malaysia, Seychelles , Singapore, Oman, Tanzania, Thailand, Trinidad, Uganda, United Arab Emirates, United Kingdom, United States and Zambia.

CHAIRMAN:  Shri Ravi Venkatesan