BOB
- BOB’s full form is “Bank of Baroda”.
- Bank of Baroda (BOB or BoB) is a Vadodara-based Indian nationalized banking and financial services firm. It is India’s third largest nationalized bank.
- The Maharaja of Baroda, Sayajirao Gaekwad III, founded the bank on 20 July 1908 in the Princely State of Baroda, in Gujarat. The government of India nationalized the bank, along with 13 other major commercial banks of India on 19 July 1969 and designated as a profit-making public sector undertaking (PSU).
- 1st overseas branch was created at Mombasa and Kampala.
- On September 17, 2018, the Indian government proposed merging Dena Bank and Vijaya Bank with Bank of Baroda.
- After the merger BOB, became India’s third-largest bank after SBI and HDFC.
- Bank of Baroda tied up a 3-year principal sponsorship contract with Olympics 2016 Women’s badminton silver medalist Miss. P. V. Sindhu and India’s No 1 ranked Men’s Badminton player Mr. Srikanth Kidambi.
- Headquarters: Alkapuri, Vadodara, Gujarat
- Founder: Sayajirao Gaekwad III
- Founded: 20 July 1908, Vadodara
- Parent organization: Govt. of India
- Subsidiaries: Bank of Baroda Uganda Limited, Bank of Baroda Tanzania Limited, Nainital Bank, Bob cards, India First Life Insurance Company.
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