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Bank of Baroda to close down three overseas branches by June

18 Dec 2018 Evaluate

Bank of Baroda will close down three overseas branches in Guyana, Trinidad and Tobago, and Ghana by June 30, 2019, as per the government guidelines for rationalisation of overseas presence, increase in efficiency and profitability of the overseas offices. The three branches contribute less than a percentage each to the bank's consolidated business.

Bank of Baroda is engaged in providing various services, such as personal banking, corporate banking, international banking, small and medium enterprise (SME) banking, rural banking, non-resident Indian (NRI) services and treasury services.

Peers
Company Name CMP
State Bank Of India 952.80
PNB 114.30
Bank Of Baroda 234.55
Canara Bank 119.00
Union Bank Of India 173.00
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