Wed. May 18th, 2022

bank of barodaQuick Facts: Bank of Baroda is an Indian state-owned banking and financial services company headquartered in Vadodara (earlier known as Baroda) in Gujarat, India. It is the second-largest bank in India, after State Bank of India. In addition to its headquarters in its home state of Gujarat, it has a corporate headquarters in the Bandra Kurla Complex in Mumbai.

The bank was founded by the Maratha, Maharaja of Baroda, H. H. Sir Sayajirao Gaekwad III on 20 July 1908 in the Princely State of Baroda, in Gujarat. The bank, along with 13 other major commercial banks of India, was nationalised on 19 July 1969, by the Government of India and has been designated as a profit-making public sector undertaking (PSU).

Branches: Based on 2014 data, Bank has a network of 5307 branches in India and abroad, and over 8000 ATMs.

Market Capitalisation: Based on 2014 data, it is ranked 801 on Forbes Global 2000 list. BoB has total assets in excess of Rs. 3.58 trillion.

How to get a Job: Recruitment for PO, Specialist Officers and Clerks are done by a common recruitment process conducted by Institute of Banking Personal Selection (IBPS). Interested candidates can apply for their respective positions through common written exam conducted by IBPS. After clearing written exam, candidates are called for Interviews. On the basis of their marks in written and interview, score cards are given to the candidates. Candidates can apply to different positions in Bank of Baroda with their score card.

Baroda Manipal School of Banking : Baroda – Manipal School of Banking has been set up jointly by Bank of Baroda and Manipal group. The school has been set up to first train prospective candidates in Banking and Finance before their embarking on a Banking career with Bank of Baroda. Students are selected through a rigorous selection process and given a systematic training in various areas of Banking and management disciplines in order to make them work ready at the earliest.

Lateral Recruitment :  The bank recruits officers at the lateral levels also, viz. Scale II, Scale III, etc., based on requirements that arise from time to time. Eligibility criteria to apply for these posts depend on the grade/scale for which the recruitment is going on, and will be declared on the website and in leading dailies.

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