Bank of Baroda (BoB) is India’s second-largest public sector bank — a government-owned bank that absorbed Vijaya Bank and Dena Bank in April 2019 in India’s first three-way bank merger. Founded in 1908 by Maharaja Sayajirao Gaekwad III of Baroda, it is listed on BSE and NSE with the Government of India as majority shareholder.
| Founded | 1908 — Baroda (Vadodara), Gujarat |
| Founder | Maharaja Sayajirao Gaekwad III |
| Owner | Government of India ~63% |
| MD & CEO | Debadatta Chand |
| Listed | BSE: 532134 | NSE: BANKBARODA |
| Absorbed | Vijaya Bank + Dena Bank (April 2019) |
Who Owns Bank of Baroda?
Bank of Baroda is owned by the Government of India with approximately 63% stake via the Department of Financial Services. It is listed on BSE and NSE with ~37% public/institutional float. BoB is one of India’s largest PSU banks after absorbing Vijaya Bank and Dena Bank in 2019 — the first three-way bank merger in India’s history. Official: bankofbaroda.in.
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Bank of Baroda also absorbed Vijaya Bank in the same 2019 merger that folded in Dena Bank.
Bank of Baroda also holds a majority stake in the smaller regional lender Nainital Bank.