About the promoter bank
It all started with a visionary Maharaja's uncanny foresight into the future of trade and enterprising in his country. On 20th July 1908, under the Companies Act of 1897, and with a paid up capital of Rs 10 Lacs started the legend that has now translated into a strong, trustworthy financial body, THE BANK OF BARODA. It has been a wisely orchestrated growth, involving corporate wisdom, social pride and the vision of helping others grow, and growing itself in turn. The founder, Maharaja Sayajirao Gaekwad, with his insight into the future, saw "a bank of this nature will prove a beneficial agency for lending, transmission, and deposit of money and will be a powerful factor in the development of art, industries and commerce of the State and adjoining territories."
As of today, the Bank of Baroda has over 4178 branches, with almost a hundred of them overseas. Their branches are well spread and segregated into the metro, semi-urban and rural regions of India.
The Bank of Baroda has achieved substantial progress in technology and is continuously integrating multiple platforms of technology to generate synergies. The Bank of Baroda continuously attempts to adapt to the dynamic economic environment while engaging in long term relationships to provide superior customer service. The Bank's constant endeavour to delight its customers, which is built on its strong fundamentals will make it stronger, more resilient and enable to achieve its vision of to be the Most Admired Bank.
Click here for more details: https://www.bankofbaroda.com/
Indian Overseas Bank (IOB) was founded on February 10th 1937, by Shri.M.Ct.M. Chidambaram Chettyar, a pioneer in many fields - Banking, Insurance and Industry with the twin objectives of specialising in foreign exchange business and overseas banking. The IOB had the unique distinction of commencing business on 10th February 1937 (on the inaugural day itself) in three branches simultaneously - at Karaikudi, Chennai in India and Rangoon in Burma (presently Myanmar) followed by a branch in Penang
Presently, there are over 2,736 branches based in India itself while there are over 12 branches overseas.
The bank believes strongly in providing good service which breeds trust between the client and the bank and where its customers can grow along with the bank.
IOB has always been committed to and involved in various social causes, the most prominent being women empowerment.TheSakthi IOB Chidambaram Chettiyar Memorial Trust is a public charity trust initiated by the Bank and its Staff Representative organisations in February 1996 in memory of ShriM.Ct.M.ChidambaramChettiyar, the founder of IOB. This initiation is due to the motto of the IOB which is "touching hearts spreading smiles".
Click here for more details: https://www.iob.in/
Andhra Bank was founded by the eminent freedom fighter and a multifaceted genius, Dr.Bhogaraju Pattabhi Sitaramayya. The Bank was registered on 20th November 1923 and commenced business on 28th November 1923.
As of this year, there are over 1,755 branches in India with all regions included in their service.
The Andhra Bank aspires to become a significant player, providing full range of banking services through innovative customer centric products and to maximize stake holders' value.
Click here for more details: https://www.andhrabank.in/english/home.aspx