M. HARISH

Roll No.2B4-15

BIFAAS

• It all started with a visionary of Maharaja of Baroda, H.H. Sir Sayajirao Gaekwad III’s.

• On 20th July 1908, under the Companies Act of 1897, and with a paid up capital of Rs 10 Lacs started the legend that has now translated into a strong, trustworthy financial body, THE BANK OF BARODA.

HISTORY

THE HEROES No history is complete without mention of its heroes, mostly ordinary

people, who turn in extra-ordinary performances and contribute to building an institution. Over the years, there have been thousands of such people . The Bank salutes these "committed soldiers" who passionately helped to create the legend of Bank of Baroda.

There were also the leaders, both corporate and royal, who provided the vision and guided the Bank through trail blazing years, and departing, left behind footprints on the sands of time. This Roll of Honor will be incomplete without mention of men, of the stature of Maharaja Sayajirao, Gaekwad,Sampatrao Gaekwad, Ralph Whitenack, Vithaldas Thakersey, Tulsidas Kilachand and NM Chokshi.

ABOUT BOB

Third largest Public Sector bank in India, after State Bank of India and Punjab National Bank

Founded in 1908

Headquartered at Baroda(VADODARA)

It has total of 4283 branches including 111overseas

Has a total staff of 43587

CMD of BOB is S S Mundra

BRIEF HISTORY• 1908: Maharaja Sayajirao Gaekwad III set up Bank of Baroda

(BOB).• 1910: Established its first branch in Ahmedabad• 1953: Established a branch in Mombasa and another in Kampala• 1959: Acquired Hind Bank.• 1961: Merged in New Citizen Bank of India. This merger helped it

increase its branch network in Maharashtra• 1969: BOB was nationalized.• 1975: BOB acquired the majority shareholding and management

control of Bareilly Corporation Bank and Nainital Bank both in Uttar Pradesh

• 1998: BOB also acquired Punjab Cooperative Bank in a rescue.

Contd..• 2007: BOB's total business crossed 2.09 lakh crores, its branches crossed

1000.

• 2009: BOB registered with the Reserve Bank of New Zealand, enabling it to trade as a bank in New Zealand.

• 2010 : BOB also opened a branch in New Zealand.

• 2011 : BOB opened an Electronic Banking Service Unit (EBSU) was opened at Hamriya Free Zone, Sharjah (UAE).

• It also opened four new branches in existing operations in Uganda, Kenya, and Guyana

Our Vision & Mission

• Mission Statement

A SAGA OF VISION & ENTERPRISE

It has been a long and eventful journey of almost a century across 25 countries. Starting in 1908 from a small building in Baroda to its new hi-rise and hi-tech Baroda Corporate Centre in Mumbai, it is a saga of vision, enterprise, financial prudence and corporate governance.

It is a story scripted in corporate wisdom and social pride. It is a story crafted in private capital, princely patronage and state ownership. It is a story of ordinary bankers and their extraordinary contribution in the ascent of Bank of Baroda to the formidable heights of corporate glory. It is a story that needs to be shared with all those millions of people - customers, stakeholders, employees & the public at large - who in ample measure, have contributed to the making of an constitution.

BARODA CORPORATE CENTRE AT MUMBAI

BOARD OF DIRECTORS

AWARDS Bloomberg UTV Financial Leadership Award –Best PSU Banking,2012. Best CIO Award of BFSI sector from Institute of Public Enterprises, 2012. Reserve Bank Rajbhasha Shield from RBI Governor,2012. Best Public Sector Bank under the category Global Business Development-

Overall Best Public Sector Bank. Banking Technology Award-2011 by IBA. Use of Technology in Training & e-learning – Winner Best Customer Relationship initiatives – 1st Runner up. Best use of Business Intelligence – 1st Runner up. Best use of mobility tech in Banking – 2nd Runner up. Best Risk management & Security initiatives – 2nd Runner up. Business India Best Bank Award 2012. Forbes India Leadership Award – Best CEO Public Sector.

ACHIEVEMENTS Bank’s Global Business expanded by 19.3% (y-o-y) to Rs 8,02,069 crore by end-

March, 2013. Within this, the Domestic Business expanded by 17.4% to Rs 5,66,000 crore and the Overseas Business increased by 24.2% to Rs 2,36,069 crore.

The Global Deposits of your Bank registered a growth of 23.1% (y-o-y) to Rs 4,73,883 crore by end-March 2013.

The Domestic Deposits expanded by 22.0% to Rs 3,41,706 crore, while the Overseas Deposits rose by 26.2% to Rs 1,32,178 crore.

Amidst aforementioned challenges, your Bank’s CASA deposits increased by 15.9% (y-o-y) to Rs 1,19,981 crore.

The share of Domestic CASA as on 31st March 2013 stood at 30.38%.

SUBSIDARIES

ACQUISITIONS

• BOB acquired Benares State Bank (BSB) at the Reserve Bank of India’s request. BSB was established in 1946 but traced its origins back to 1871 and its function as the treasury office of the Benares state. In 1964, BSB had acquired Bareilly Bank (est. 1934), with seven branches; it also had taken over Lucknow Bank in 1968. The acquisition of BSB brought BOB

105 new branches.• BoB acquired the failed Gujarat Local Area Bank, and returned

to Tanzania by establishing a subsidiary in Dar-es-Salaam

1959 - BOB acquired Hind Bank 1961 - BOB merged with New Citizen Bank of India,

Maharashtra1963 - Acquired New Surat Banking Corporation,

Gujarat1964 - Acquired two banks: Umbergaon Peoples Bank

in Southern Gujarat and TamilNadu Central Bank in Tamilnadu

1998 - Acquired Punjab Cooperative Bank1999 - Merged with Bareilly Corporation Bank2001 - Acquired Benares State Bank

AFFILIATES

• India First Life Insurance Company is a joint venture between Bank of Baroda (44%) and fellow Indian public sector bank Andhra Bank (30%), and UK’s financial and investment company Legal & General (26%). It was incorporated in November, 2009 and has its headquarters in Mumbai.The company started strongly, achieving a turnover in excess of Rs. 2 billion in its first four and half months.

Baroda Manipal Postgraduate Diploma in Banking and Finance

• Bank of Baroda and Manipal University have established the Baroda Manipal School of Banking, which offers a Postgraduate Diploma in Banking & Finance (PGDBF) from Manipal University.

• The duration of the course is just one year, after which, successful graduates will join Bank of Baroda as management trainees.

Baroda Swarozgar Vikas Sansthan for imparting training to unemployed youth, free of cost, for gainful self employment and entrepreneurship skill development.

Bank has also established Baroda Gramin Paramarsh Kendra for knowledge sharing, problem solving and credit counseling for rural masses across the country.

Providing support to organizations extending support to handicapped persons like blind, lame, deaf and dumb, etc. or suffering from any other disabilities.

Promoting the promotion and use of non exhaustible sources of energy like solar power, gobar gas plants in rural areas.

During the Financial Year FY13, your Bank disbursed donations amounting to Rs.699.74 lakh to various organizations engaged in the field of education, health, women welfare etc. The activity-wise disbursement of donations are as follows.

BALANCE SHEET

PROFIT & LOSS ACCOUNT

STATEMENT OF CASH FLOW

CONTD..

COMPETITORS

• PUNJAB NATIONAL BANK (PNB)

• STATE BANK OF INDIA (SBI)

• INDUSTRIAL CREDIT AND INVESTMENT CORPORATION OF INDIA (ICICI)

• Political factors include government policies relating to the industry, tax policies, laws and regulations, trade restrictions and tariffs etc.

• Economic factors relate to changes in the wider economy such as economic growth, interest rates, exchange rates and inflation rate, etc.

• Social factors often look at the cultural aspects and include health consciousness, population growth rate, age distribution , changes in tastes and buying patterns, etc.

• Technological factors relate to the application of new inventions and ideas such as R&D activity, automation, technology incentives and the rate of technological change