Bank of Baroda: Third Quarter Results Update
FINANCIAL INSTITUTIONS CREDIT OPINION 7 March 2017 Update RATINGS Bank of Baroda Domicile India Long Term Debt Not Assigned Type Not Assigned Outlook Not Assigned Long Term Deposit Baa3 Type LT Bank Deposits - Fgn Curr Outlook PositiveBank 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. The Bank's segments include Treasury, Corporate/Wholesale Banking, Retail Banking and Other Banking Operations. The Bank offers personal banking services, such as deposits, loans, mobile banking and wealth management services; business banking services, such as Baroda Money Express, debit cards and collection services; corporate banking services, such as appraisal and merchant banking, and cash management and remittances; international banking services, such as export, import and trade finance, and correspondent banking; rural banking services, such as deposits, priority sector advances, financial inclusion and lockers, and treasury services, such as domestic and forex operations. The Bank operates a network of approximately 5,330 branches.
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