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Thursday, September 3, 2009
Bank of Baroda has a significant presence in Rajasthan, faciltiating better banking for the people of the state. Mehul Dani provides an overview of th
Posted by Tip at 9:17 AMBank of Baroda has enjoyed a premier position in the state of Rajasthan and has a major role to play in its development. Bank of Baroda has presence in all 33 districts of the state through a vast network of 348 branches.
B.B. Garg, zonal manager, Bank of Baroda, Rajasthan, says: "BoB started its operations in the state in August 1958. Since then, it has been expanding through out the state by setting up its branches in urban, semi urban and rural area. Administrative control of the branches is ensured through 4 regional offices located atjaipur (105 branches), Ajmer (85 branches), jodhpur(62 branches) and Udaipur (96 branches). Out of 348 branches, 80% branches are located in rural and semi urban areas catering to the credit needs of farmers, artisans, small borrowers and MSEs. The bank has 71 metro/urban branches located in major cities contributing to development of industries particularly under MSME sector. The bank has 12 forex branches which cater to the need of exporters and importers. The bank has 2 Retail Loan Factories - at jaipur and jodhpur. There are 3 SME Loan Factories - at jaipur, jodhpur and Bhilwara.
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