Bank of Baroda Employees commit Rs 5 crore to Gujarat Chief Minister’s Relief Fund for flood rehabilitation efforts
Employees of Bank of Baroda, one of India’s most trusted public sector banks, have committed Rs 5 crore to the Chief Minister of Gujarat’s Distress Relief Fund.
- (1888PressRelease) September 20, 2019 - Employees of Bank of Baroda, one of India’s most trusted public sector banks, have committed Rs 5 crore to the Chief Minister of Gujarat’s Distress Relief Fund. The contribution, which is a collection of funds from the employees, is towards relief work for the rehabilitation of cities and towns in the state that were recently impacted by floods.
Shri Vijay Rupani, Honorable Chief Minister for the State of Gujarat said, “We appreciate the efforts made by Bank of Baroda for its support during the time of need and contributing towards the rehabilitation work following the havoc caused by the floods. The contribution by the Bank has come at an appropriate time and will be used to support the people in building their lives and property.”
Shri. P.S. Jayakumar, MD & CEO, Bank of Baroda said, “We at Bank of Baroda are always committed to support people of the country during their hour of need and have always believed in being an integral part of the communities we serve. All 1,758 branches of our bank in Gujarat have committed to the state’s rehabilitation work efforts and our prayers are with the people.”
(Chitra Suresh)
Asst. General Manager
(PR & Corp. Comm.)
BCC/CPR/2019/549
About Bank of Baroda:
Bank of Baroda (“The Bank”) established on July 20, 1908 is a State-owned banking and financial services organization, headquartered in Vadodara (earlier known as Baroda) in Gujarat, India.
Bank of Baroda is India’s third largest bank with a strong domestic presence supported by self- service channels. Bank’s distribution network includes 9,500+ branches, 13,400+ ATMs and 1,200+ self-service e-lobbies. The Bank has a significant international presence with a network of 100 branches/offices of subsidiaries, spanning 21 countries. The Bank has wholly owned subsidiaries including BOB Financial Solutions Limited (erstwhile BOB Cards Ltd.), BOB Capital Markets and BOB Asset Management Co. Ltd. Bank of Baroda also has joint venture for life insurance viz. India First Life Insurance . The Bank owns 98.57% in The Nainital Bank. The Bank has also sponsored three Regional Rural Banks namely Baroda Uttar Pradesh Gramin Bank, Baroda Rajasthan Gramin Bank and Baroda Gujarat Gramin Bank.
For more information, visit www.bankofbaroda.in
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