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Bank of Baroda expands presence in GIFT City with new facility

21 Apr 2023 Evaluate

Bank of Baroda’s International Financial Services Centre Banking Unit (IFSCBU) in GIFT City has inaugurated its new state-of-the-art premises at Brigade International Financial Centre in GIFT IFSC, Gandhinagar. The Bank will set up International Treasury operations, a Centralised Trade Finance hub and Capital Markets business and scale up its Foreign Exchange and Derivatives Trading activities at GIFT IFSC.

To promote, develop and reap the advantages of India’s own International Financial Services Centre (IFSC), Bank of Baroda is looking to significantly scale up its global business and strengthen the team at GIFT City, and for this purpose the bank has established a new, bigger facility with state-of-the-art infrastructure built on international standards.

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 997.00
PNB 116.65
Bank Of Baroda 237.80
Canara Bank 123.90
Union Bank Of India 178.00
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