Bank of Baroda
Bank of Baroda is an Indian Multinational, public sector Banking and Financial Services company. It is the third largest public sector bank in India with a business mix of close to US$225 billion. Based on 2019 data, it is ranked 1145 on Forbes Global 2000 list.
Bank of Baroda engages in the provision of commercial banking services. It offers deposits, commercial and institutional credit, project finance, treasury, forex, investment and risk management and other related financial services. It operates through the following segments: Treasury, Corporate/Wholesale Banking, Retail Banking and Other Banking Operations. The Treasury segment engages in bank’s domestic treasury operations and covers activities in various markets, which include foreign exchange, interest rates, fixed income, derivatives, equity and other alternative asset classes. The Corporate/Wholesale Banking segment offers an array of loan products and services, which include term, short-term and demand loans, working capital facilities, trade finance products, bridge, syndicated, infrastructure and foreign currency loans, loan against future rent receivables and many more to its large and mid corporate clients depending upon their needs. The Retail Banking segment products include home, auto, education, traders and mortgage loans. The Other Banking Operations segment includes other banking operations and nonbanking operations. The company was founded by Sayajirao Gaekwad III on July 20, 1908 and is headquartered in Baroda, India.