Bank of Baroda was established with a paid-up capital of Rs.10 lakh in 1908 in Baroda in Gujarat. After raising Rs.300 crs. through a bond issue in 1995, the bank tapped the capital market with an initial public offering of Rs.850 crs. in 1996.
The bank's international presence covers 21 countries through 40 overseas branches, 3 representative offices and 17 branches of the bank's overseas subsidiaries. It has approvals for opening branches in Trinidad and Tobago, Ghana, Australia and Bahrain. It set up a global loan syndication centre in London in 2000 and plans to set up two syndication centers in Dubai and Singapore.
During 2006--07, the bank upgraded 917 branches to take the total number of branches on core banking platform to 1,043. As of 31 March 2007, the bank had 1,893 fully networked branches. Total branch strength of the bank in the country stood at 2,732 of which 1,164 are rural branches, 572 are semi-urban branches, 506 are urban branches and 490 are metro branches. More than 47 per cent of the bank's branch network is concentrated in the western region.
Bank of Baroda classified its loan business into working capital finance, term finance, SSI, SME, small business/borrowers and trader loans. For the retail and SME segments, it has set up a chain of 13 retail and 16 SME `loan factories'. The SME loan factories are located in Ahmedabad, Surat, Pune, Baroda, Kolkata, Coimbatore, Chennai, Jaipur, Bhilwara, Kanpur, Ludhiana, Delhi, Kalbadevi (Mumbai) and Jogeshwari (Mumbai), Thane and Lucknow. The bank defines SMEs as entities with sales revenues less than Rs.100 crs.. The bank identifies the following four groups as `critical business segments' viz. Retail, SME, Wholesale (mid-corporate and large corporate) and rural/agri...
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...ral banks (RRBs) covering 30 districts in 5 States (Andhra Pradesh, Haryana, Karnataka, Kerala and Uttar Pradesh). These RRBs have a network of 1197 branches. Total business of Syndicate Bank-sponsored RRBs stood at Rs.16,228 crs. Representing a growth of 23.9 per cent during 2006—07.Syndicate Bank made an IPO in October 1999 to raise Rs.125 crs. followed by another in July 2005 for Rs.50 crs.. Government of India is the major shareholder and enjoys over 66 per cent stake, while institutions and individuals hold around 18 per cent and 13 per cent respectively.
In 2006, the bank floated a BPO company named “Syndbank Services Ltd'' as a wholly owned subsidiary. It distributes third party products such as life and non-life insurance policies. Other services include online railway ticket booking, utility bill payments and excise & service tax payments through internet.
The history of Bank of America is long and detailed, with more events that took place than many other businesses possess. From its humble beginnings in San Francisco to its massive international expansion to the rest of the four corners of the Earth, Bank of America has come a long way from its modest inception. It all begins with an Italian immigrant who created a bank named The Bank of Italy in San ...
SWOT analysis is a necessary tool for business that allows corporations to analyze where their strengths, weaknesses, opportunities and threats lie. The SWOT tool contains paramount information about the industry and helps the executives of the business make decisions that are necessary for the business’s survival and success.
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...er’s needs. The last variable is bank selection criteria which consist of factors such as economic benefits, bank reputation, convenience and efficiency in using the system and risk diversification.
...tapping this segment efficiently. Moreover, liabilities of the bank are at an all time high, creating vast quantities of "cash outflows" in the term of interest payments. Countries like Qatar have been having increasing interests in Egyptian banks and see an opportunity for their financial growth. Furthermore, the current political situation pressured the existing market conditions to weaken the financial performance of existing businesses and reduced the growth rate of loans. However, there lies an opportunity in the newly implemented initiative by the central bank to provide 10m to commercial banks to finance small enterprises. This would be a potential for CIB to invest further this segment but there is a dilemma in which business model it should adopt that would tackle the challenges and grab the available opportunities in the market.
The SWOT analysis is a useful tool for identifying our personal strengths, weaknesses, opportunities, and threats to our plans and goals. According to a “Fuel My Motivation” article (2010), this analysis considers internal influences that can positively or negatively affect our ability to achieve our goals. The internal factors are our strengths and weaknesses. Also considered are opportunities and threats, which are external influences that can have a positive or negative impact on the ability to achieve our goals. I will share how the self-assessment instruments and self-exercises in this course have contributed to assessing and understanding my strengths and weaknesses. I will also discuss techniques I will use to leverage my strengths and understand my weaknesses. In addition, I will consider opportunities that I can take advantage of and the threats that can possibly impede my progress.
Investment banking provides services to their client for investment in capital market through share; these services are based on research activity. In this, primarily the act of the purchasing and selling of shares includes. Investment banking organization performs role as an intermediate between investor and capital market. Usually these function as linkage to fill the gap between each other’s. Investment banking has now gained considerable position in Indian capital market on the basis of so many factors these includes awareness of the investment banking among investors; investment banking should reaches to investors and finally faithfulness of investor for investing in banking organization. Here study will find other vital factors
United Bank of India is one of the prominent nationalised banks in the country that have played a major role in spreading banking services to the farthest Eastern and North-Eastern parts of the country. UBI has sponsored 4 RRBs (Regional Rural Banks) in states such as West Bengal, Assam, Manipur, and Tripura. The four RRBs have around 1,000 branches in these states and UBI contributes more than 35% of share capital/additional capital of these banks.
The information and communication technology is playing a very important role in progress and advancement in all walk of life , The opening up of the banking sector and they way a bank function has changed in the current decade ,Information and communication technology has provided a very important role in delivering the best services to the bank customers. The introduction of electronic banking has changed the way the customer are moving away from the traditional branch banking system to the convenient and comfortable virtual banking system. These electronic banking channels has enhance the way a customer is availing banking services. This has reflected in increase in numbers of ATM across world and more importantly in India.
The banking system plays a critical role in development of any country, on that view Pan Asia Banking Corporation PLC started its operations in the year 1995. Now PABC is one of the fastest developing banks in the industry. The bank is well settled in the market with their diversified products and services.
The bank expansion strategy is enhanced specifically through its business and retail banking strategy for example the strategy entails the identification of new emerging segments of the economy such as the education sector. It is also the strategic objectives of the bank 's to expand through robust and efficient balance sheet, strategic partnership with multilateral agencies as well as MSME initiatives leverage on e-payment and cash management services . Additionally, through technological innovation, products BDM has constantly challenged the domestic market environment for competitive advantage. These advantages have placed the firms as market leader with differentiated services, growing organically its business operations locations and network of branches in the domestic
Severe competition and constant changes in technology and lifestyles nowadays have changed the face of banking. Nowadays banks are differentiating between their varied services. Customers do not want to wait in queues or wait on the phone for basic services.
Explanation: The export ? Import bank of India is the premier finance Institution of the country, established in 1982 under the export ? Import bank of India Act, 1981.
lakhs rupees but does not exceed two crores rupees in case of services concern. A medium
The origin of the State Bank of India goes back to the first decade of the nineteenth century with the establishment of the Bank of Calcutta in Calcutta on 2 June 1806. Three years later the bank received its charter and was re-designed as the Bank of Bengal (2 January 1809). A unique institution, it was the first joint-stock bank of British India sponsored by the Government of Bengal. The Bank of Bombay (15 April 1840) and the Bank of Madras (1 July 1843) followed the Bank of Bengal. These three banks remained at the apex of modern banking in India till their amalgamation as the Imperial Bank of India on 27 January 1921.