Bank of Baroda is now India’s 2nd largest public sector bank, Check BoB vs PNB Business

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Bank of Baroda (BOB or BoB) has become the second largest public sector bank in India after State Bank of India, with 153 million customers, a total business of Rs.20,73,385 crore, and a global presence across 17 countries. Punjab National Bank is the third largest public sector bank in India in terms of its business volumes and second largest in terms of its network.

BoB vs PNB Business Figures as on December 2022

CategoryBank of BarodaPunjab National Bank
Total businessRs.20,73,385 croreRs.20,67,116 crore
Global depositsRs.11,49,507 croreRs.12,10,359 crore
Gross NPARs.41,858 croreRs.83,584 crore
Net Interest IncomeRs.10,818 croreRs.9179 crore

BoB vs PNB

Founded20 July 1908; 114 years ago19 May 1894; 128 years ago
FounderSayajirao Gaekwad IIIDyal Singh Majithia
Lala Lajpat Rai
HeadquartersVadodara, Gujarat,  IndiaDwarka, Delhi, India
Branches8,546 10,049
ATMs10,000+12,957
OwnerGovernment of IndiaGovernment of India
Number of employees79,806 (2022)103,144 (2022)
Websitewww.bankofbaroda.inwww.pnbindia.in

The Maharaja of Baroda, Sayajirao Gaekwad III, founded the Bank of Baroda on 20 July 1908 in the princely state of Baroda, in Gujarat. The Government of India nationalized the Bank of Baroda, along with 13 other major commercial banks of India, on 19 July 1969 and the bank was designated as a profit-making public sector undertaking (PSU). Vijaya Bank and Dena Bank were merged with Bank of Baroda with effect from 1 April 2019.

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