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Bank of Baroda to set up over 500 branches in FY13

25 Sep 2012 Evaluate

Bank of Baroda (BOB) is planning to put in over 500 domestic and overseas branches in FY13 and is also planning to increase its work-force by employing about 20,000 people over the next four years.

Further, the bank is planning to set up four new foreign offices -- one each at Uganda and Kenya and two in Dubai -- taking the total international network to 100. The bank also proposed to add 500 ATMs to its existing chain of over 2,000 facilities by March 2013.

BOB has a network of 4,000 branches in India and 96 foreign branches and offices.

Peers
Company Name CMP
State Bank Of India 959.00
PNB 112.00
Bank Of Baroda 232.35
Canara Bank 118.60
Union Bank Of India 168.10
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