Bank of Baroda
Introduction: Bank of Baroda is an Indian Multinational, public sector Banking and financial services
company. It is the third largest public sector bank in India. with a business mix of close to US$225 billion.
Based on 2019 data, it is ranked 1145 on Forbes Global 2000 list.
Total employees in BOB: 85,135 in 2019
BOB has total assets in excess of ₹ 3.58 trillion (making it India's 2nd biggest bank by assets), a
network of 9583 branches in India and abroad, and 10442 ATMs as of July, 2017
Type Public
Founder Sayajirao Gaekwad III
Headquarters Vadodara, Gujarat , India
9,470 Branches 13,161
Number of locations
ATMs (2019)
Area served India & Worldwide
Subsidiaries:
• BOB Capital Markets (BOBCAPS) is a SEBI-registered investment banking company based in Mumbai,
Maharashtra. It is a wholly owned subsidiary of Bank of Baroda. Its financial services portfolio includes initial
public offerings, private placement of debts, corporate restructuring, business valuation, mergers and
acquisition, project appraisal, loan syndication, institutional equity research, and brokerage.
• The Nainital Bank Ltd. (98.57%) was established in the year 1922 with the objective to cater banking needs of
the people of the region. In the year 1973, Reserve Bank of India directed Bank of Baroda, to manage the
affairs of the Nainital Bank Limited.
• BOB Financial Solutions Limited
• Baroda Asset Management India Limited
• India First life Insurance Company Limited (44%)
• India Infradebt Limited (40.99%)
• BOB (UK) Limited
Shareholders (as on 31-Dec-2019) Shareholding %
Shareholding:
Govt of India 81.60%
Mutual Funds 9.91%
Insurance Companies 3.56%
Foreign Holding 5.16%
Indian Public 7.72%
Bodies Corporates 0.71%
Others 1.34%
Andhra Bank
Introduction: Andhra Bank was a medium-sized public sector bank of India, with a network of 2885
branches, 4 extension counters, 38 satellite offices and 3798 automated teller machines as of 31 March
2019. During 2011–12, the bank entered the states of Tripura and Himachal Pradesh.
Founders: Bhogaraju Pattabhi Sitaramayya
Geographic scope: India
Total employees in Andhra Bank: 20,981 in 2016–2017
Total branches of Andhra Bank: 2885
Andhra Bank (BSE: 532418, NSE: ANDHRABANK) was a medium-sized public sector bank (PSB) of India,
with a network of 2885 branches, 4 extension counters, 38 satellite offices and 3798 automated teller
machines (ATMs) as of 31 March 2019
Andhra Bank (BSE: 532418, NSE: ANDHRABANK) was a medium-sized public
sector bank (PSB) of India, with a network of 2885 branches, 4 extension counters, 38
satellite offices and 3798 automated teller machines (ATMs) as of 31 March
2019. ... Andhra Bank had its headquarters in Hyderabad, Telangana, India.
Shareholding:
Description Percent of Share (%)
Promoters 87.81
Non-Institution 8.13
Fi/Banks/Insurance 3.28
Mutual Funds/Uti 0.07
Vijaya Bank
Introduction: Vijaya Bank was a public sector bank with its corporate office in Bengaluru,
Karnataka, India. It was one of the nationalized banks in India. The bank offered a wide range of
financial products and services to customers through its various delivery channels
Founders: A. B. Shetty
Geographic scope: India
Total employees in Vijya Bank: 16,079 in 2018
Total branches of Vijya Bank: 2,129 in 2018
Vijaya Bank, a nationalized bank, is a pan India institution serving diverse
sectors of the society. The bank has built a network of 2,129 branches and 2,001
ATMs as on 30 June 2018 that span across all States and Union Territories in the
country
Vijaya Bank shareholding pattern:
Historical Institutional (FII + DII) holding in Vijaya Bank
Promoters holding marginally changed to 68.77% as of Dec 2018 qtr. FII/FPI holding
marginally changed to 4.63% as of Dec 2018 qtr. ... Mutual Funds holding marginally
changed to 6.63% as of Dec 2018 qtr.
Dena Bank
Introduction: Dena Bank Ltd was an Indian public sector bank. It was headquartered in
Mumbai and had 1,874 branches. The bank was founded in 1938 and the Indian government
nationalized it in 1969
Founder: Devkaran Nanjee
Founded: 26 May 1938
Formerly: Devkaran Nanjee Banking Company Ltd
Headquarters: C-10, G Block, Bandra-Kurla
Capital ratio: 11.09% (2018)
Total employees in Dena Bank: 13,613 in 2018
Total branches of Dena Bank: 1,874
On 17 September 2018, the Government of India proposed the amalgamation of Dena
Bank and Vijaya Bank with the Bank of Baroda, pending approval from the boards of the
three banks. The Union Cabinet and the boards of the banks approved the merger on 2
January 2019. Under the terms of the amalgamation, Dena Bank and Vijaya Bank
shareholders received 110 and 402 equity shares of the Bank of Baroda, respectively, of
face value ₹2 for every 1,000 shares they held. The amalgamation became effective from
1 April 2019.
Dena Bank shareholding pattern:
Historical Institutional (FII + DII) holding in Dena Bank
Promoters holding marginally changed to 80.74% as of Dec 2018 qtr. ... Institutional Investors
holding marginally changed to 11.35% as of Dec 2018 qtr.
Warburg Pincus
Introduction: Warburg Pincus pumps cash into IDFC First Bank in second India bet of 2020.
Global private equity giant Warburg Pincus is injecting Rs 200 crore ($26.4 million) into IDFC
First Bank to maintain its near-10% stake in the private-sector lender, marking its second
India investment of 2020.
Warburg Pincus is a leading global private equity firm focused on thesis-driven growth
investing at scale. With more than $54 billion in assets under management, our active
portfolio of more than 185 companies is highly diversified by stage, sector and
geography. As an experienced partner to outstanding management teams, we help build
durable companies with sustainable value. We have raised 19 private equity funds,
which have invested more than $83 billion in over 895 companies in more than 40
countries.
Vice President; Mumbai. Vishal Mahadevia. Managing Director, Head of India; Executive
Management; Mumbai. Hemant Mundra. Vice President; Mumbai
Warburg holds 471.73 million shares in IDFC First Bank
Total employees in Warburg Pincus : 600 plus
With workforce strength of about 600+ employees across India, Avanse has fulfilled
dreams of over 15,000 students across 6,000 courses in over 2,000 institutes
across India and over 45 countries.
IndiaFirst Life Insurance Company
Introduction: Ltd. IndiaFirst Life Insurance Company is a life insurance company in India. It
started as a joint venture between two of India's public sector banks – Bank of Baroda (44%)
and Andhra Bank (30%), and UK's financial and investment company Legal & General(26%). It
was incorporated in November, 2009
Services: Life Insurance; Health Insurance; Fin...
Owner: Bank of Baroda (44%); Andhra Bank ...
Headquarters: Mumbai, Maharashtra, India
Products: Individual and Group Insurance Plans
Total employees in IndiaFirst Life Insurance Company : 1600 plus
With a passion for serving customers, we believe the certainties far outweigh the uncertain
and we’d like you to prepare for those moments. We’re happy you decided to get to know us
better.
Shareholding pattern:
Our shareholding pattern as of today stands at: Bank of Baroda – 44%, Union Bank
of India – 30% and Carmel Point Investments India Private Limited – 26%
