Based on canara bank forex mumbai data, it is ranked 1145 on Forbes Global 2000 list. 5538 branches in India and abroad, and 10441 ATMs as of July, 2017. The bank was founded by the Maharaja of Baroda, Maharaja Sayajirao Gaekwad III on 20 July 1908 in the Princely State of Baroda, in Gujarat. As many as 10 banks have been merged with Bank of Baroda during its journey so far.
Sampatrao Gaekwad, Ralph Whitenack, Vithaldas Thakersey, Tulsidas Kilachand and NM Chokshi. In 1961, New Citizen Bank of India merged in BOB . This merger helped it increase its branch network in Maharashtra. BoB also opened a branch in Fiji. The next year it opened a branch in Mauritius. Bank of Baroda In 1963, BoB acquired Surat Banking Corporation in Surat, Gujarat. In 1965, BoB opened a branch in Guyana.
It is unclear when BoB had opened the branch. In 1969, the Indian government nationalised 14 top banks including BoB. In 1972, BoB acquired Bank of India’s operations in Uganda. Two years later, BoB opened a branch each in Dubai and Abu Dhabi. Since then, Nainital Bank has expanded to Uttarakhand state. International expansion continued in 1976 with the opening of a branch in Oman and another in Brussels. Two years later, BoB opened a branch in New York and another in the Seychelles.
Then in 1979, BoB opened a branch in Nassau, the Bahamas. In 1980, BoB opened a branch in Bahrain and a representative office in Sydney, Australia. BoB, Union Bank of India and Indian Bank established IUB International Finance, a licensed deposit taker, in Hong Kong. Each of the three banks took an equal share.