About Us

Bank of Baroda, India’s international bank, was incorporated in India on 20 July 1908. It is an undertaking of the Government of India (GOI), which holds a majority shareholding, and is regulated by the Reserve Bank of India.

Bank of Baroda offers banking products and services to industrial, commercial, retail and agricultural customers in India. The bank’s business is divided into four major business units, namely Retail, Small Medium Enterprises (SME), Wholesale and Rural/Agricultural Business.

Deposits

Bank of Baroda South Africa offers customers range of deposit plans from which to choose.

Transfers

Bank of Baroda South Africa offers a variety of transfer options to customers.

Corporate Banking

Bank of Baroda South Africa boasts a strong network and a global reputation

International

Bank of Baroda’s global network in 26 countries is advantageous to customers who have personal/corporate relations with these countries.

Press Release

This press release is being issued in connection with certain news that has been published in the media  on our business relationship with entities controlled by the Gupta family, the clients of Bank of Baroda, South Africa.

In this regard we would like to clarify that the South African operations of Bank of Baroda (Bank) have always been conducted in accordance with the laws and regulations of the South African Reserve Bank and the Reserve Bank of India. We reiterate that the Bank has at all times acted in good faith and all activities of the Bank have been conducted in a professional and transparent manner.

The client relationship which is subject matter of the media reports is sub-judice and the Bank is also bound by client confidentiality. It is also the policy of the Bank to not comment on speculative reports.  The Bank, having due regard for all lawful requirements, remains  committed to cooperate with the regulators for all enquiries in this connection.