Question
Download Solution PDFIn which of the following states is the head office of Bank of Baroda located?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is Gujarat.
Key Points
- Bank of Baroda:
- Bank of Baroda (BOB or BoB) is an Indian nationalized banking and financial services company headquartered in Vadodara, Gujarat.
- It is the third largest nationalised bank in India, with 132 million customers, a total business of US$218 billion, and a global presence of 100 overseas offices.
- Vadodara was earlier known as Baroda.
- 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 in India on 19 July 1969 and designated it as a profit-making public sector undertaking (PSU).
- In the amalgamation process of the nationalized bank, the Vijaya Bank and the Dena Bank were merged with the Bank of Baroda on April 1, 2019.
- Logo of Bank of Baroda.
Last updated on Jun 3, 2025
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