Live Bank of Baroda Share Price Chart
O H L VOL
Days Range
Data is not available currently. Please check back later.
About Bank of Baroda
History of Bank of Baroda (BoB)
Bank of Baroda (BoB) was set up in 1908 by the Maharaja of Baroda, Sir Sayajirao Gaekwad III. The first branch of the bank was established at Mandvi in Baroda, while the second branch was established in Bombay in 1918, followed by Calcutta and Delhi. In 1953, BoB set up its first international branches in Kampala, Uganda and Mombasa, Kenya. In 1964, BoB became the first bank to set up mobile branches. In 1969, under the scheme for the nationalisation of banks, the Bank of Baroda became a public sector bank or PSB. Soon, in 1981, it became the bank with the largest deposits as well as net profits among all the nationalised banks. In 1996, it was also one of the first nationalised banks to issue equity shares for public trading. In 2002, it shifted its headquarters to Mumbai. In 2006, it built the loan factory model similar to an assembly line but for loans, focused on SMEs. Recently, in 2019, the Bank of Baroda amalgamated two other major banks into itself, namely Dena Bank and Vijaya Bank.Business Segments
Bank of Baroda’s domestic loan book consists of Corporate Loans, which have the largest share, followed by Retail Loans, Gold Loans, Agriculture loans, MSME loans, etc. Of the retail book, home loans make up a slight majority of the loan book, followed by auto loans and education loans. As per credit rating, the domestic loan book has a high majority of loans rated A and above. As of Q2 FY 2023, the international loan book made up 18% of the total loan book. In terms of segments, Bank of Baroda’s services can be divided into two broad categories, i.e. personal finance and business finance.- Personal finance includes the following:
- Accounts - Savings account, current account and term deposit.
- Loans - This includes loans related to home, personal, education, gold, and vehicle. It also includes advances against securities, mortgage loans, special overdraft facilities for e-commerce businesses, as well as special loans for defence personnel.
- Investments - Products include both government deposits and bonds as well as securities such as mutual funds.
- Insurance - General insurance, life insurance, health insurance.
- Digital products - Internet banking, payment solutions, credit cards, debit cards, etc.
- Partnership-based offers, e.g. discounts for using credit cards.
- Business finance includes the following:
- MSME-related schemes - government projects, remittances, Digital Mudra loans and working capital loans.
- Corporate schemes - Emergency credit lines, along with regular working capital loans, etc.
- Agriculture - Farm credit under Kisan credit cards and Tatkal credit, agricultural infrastructure fund, etc.
- International banking services - Foreign currency credit, international treasury, global trade service, etc.
- Start-up Banking for both domestic and international operations.
Key Personnel
- Mr Debadatta Chand, MD and CEO
Corporate Actions
Stock Split Bank Of Baroda split the face value of its shares once, from ₹10 to ₹2 in 2014, with the stock being ex-split from January 22, 2015. Mergers and Acquisitions In 1958, the Bank of Baroda made its first domestic acquisition by buying Hind Bank. Thereafter, it acquired many more banks, including a local area bank in Gujarat in 2004. The most recent ones include the acquisition of Vijaya Bank and Dena Bank in 2019. Earlier, BoB, Andhra Bank and Indian Overseas Bank had jointly opened the India BIA Bank Malaysia. Bank of Baroda has not announced any rights issue, share buybacks or bonus shares so far.Financial Highlights
- Since 2018-19, the bank has not seen a year of loss. In fact, the profits of the bank went from ₹1,620 crore in FY 2020-21 to ₹15,005 crore in FY 2022-23, which is nearly 10 times.
- As of September 14, 2023, it has a high quick ratio of 1.92, which is the same as the current ratio of 1.92.
- Its net cash flow has been volatile, with the figure being -₹27,855 crore in FY 2022-23.
Parent Organisation
GoI - PSB
Managing Director
None
Founded
1908
NSE Symbol
BANKBARODA
Community Discussion
No comments found
Be the first one to start a discussion
Popular stocks
Bank Of Baroda FAQs
What is the share price of Bank Of Baroda (BANKBARODA) shares?
Bank Of Baroda (BANKBARODA) share price as of October 22, 2024, on NSE is Rs 233.65 (NSE) and Rs 233.65 (BSE) on BSE.
Can I buy Bank Of Baroda (BANKBARODA) from Angel One?
Yes, You can buy Bank Of Baroda (BANKBARODA) shares by opening a Demat account with Angel One.
How do I buy Bank Of Baroda (BANKBARODA) from Angel One?
Bank Of Baroda (BANKBARODA) share can be bought through the following modes:
1. Direct investment: You can buy Bank Of Baroda (BANKBARODA) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Bank Of Baroda (BANKBARODA) shares.
1. Direct investment: You can buy Bank Of Baroda (BANKBARODA) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Bank Of Baroda (BANKBARODA) shares.
What are the Subsidiaries that comes under BoB?
The domestic subsidiaries that comes under BoB are Baroda BNP Paribas Trustee India Private Limited (Formerly Baroda Trustee India Private Limited), Baroda BNP Paribas Asset Management India Private Limited, BOB Financial Solutions Limited, Baroda Global Shared Services Limited, BOB Capital Markets Ltd., Nainital Bank Ltd. BoB's overseas subsidiaries include Bank of Baroda Botswana Ltd, Bank of Baroda (Kenya) Ltd., Bank of Baroda (Uganda) Ltd., Bank of Baroda (Guyana) Inc., Bank of Baroda (New Zealand) Ltd., Bank of Baroda (Tanzania) Ltd., Bank of Baroda (UK) Ltd.
What is the total asset of BoB?
The total asset of BoB is Rs. 1,340, 121 Crores.
What is the main business of BoB?
The main business of BoB is to offer world-class banking solutions. It is one of the leading commercial public sector banks in India.
Open Free Demat Account!
Enjoy ₹0 Account Opening Charges
Join our 2 Cr+ happy customers