Bank of Baroda foundation day celebrations held

Update: 2019-07-22 02:10 IST

Hyderguda: On the occasion of 112th anniversary of the Bank of Baroda (BOB), the foundation day celebration was organised at Hyderguda branch on Sunday. General Manager Srinivas, other higher officials and bank employees participated in the celebrations. As part of celebrations, the portrait of the bank founder Maharaja Sayaji Rao was garlanded, and a cake was cut commemorating 112th anniversary of the bank.

Speaking on the occasion, the GM said that the bank had been fulfilling societal responsibilities as a bank, apart from providing excellent services to its customers. Founded in 1908, the bank was nationalised in 1969 and currently has deposits of Rs 540 crore, he said. The bank, with 9,583 branches with 83,000 employees, is the second largest bank network after SBI, he said.

After its merger with Dena Bank and Vijaya Bank, the bank has been doing transactions of up to Rs 16 lakh crore, Srinivas said. The success of the bank was mainly due to the excellent services provided by its employees and customer trust. He hoped that the bank would continue to give stiff competition to its competitor. Deputy zonal head of Hyderabad zone Sathyanarayana, VK Upadhyaya, K Vijayaraju and others were present on the occasion.

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