MoneyWorks4Me

Bank of Baroda looking to rationalise 800-900 branches

20 May 2019 Evaluate

Bank of Baroda is considering the option of rationalising 800-900 branches across the country to improve operational efficiency, following its merger with Dena Bank and Vijaya Bank. The merger of Dena Bank and Vijaya Bank with BoB became effective from April 1, 2019. The bank needs to expand in eastern part of country as it has strong presence in South, West and northern part of the country.

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 980.70
PNB 116.10
Bank Of Baroda 234.95
Canara Bank 123.25
Union Bank Of India 176.90
View more..