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Old January 31st, 2020, 09:08 PM
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Default National Pension Scheme Bank Of Baroda

I have come to collect info related to National Pension Scheme Bank Of Baroda for my grandfather so would you plz let me know about the same here ??
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  #2  
Old January 31st, 2020, 11:09 PM
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Default Re: National Pension Scheme Bank Of Baroda

Bank of Baroda is an Indian state-owned International banking and financial services company headquartered in Vadodara (earlier known as Baroda) in Gujarat, India. It has a corporate office in Mumbai.

Bank Of Baroda is authorized by Pension Fund and Regulatory Development Authority (PFRDA) to offer the National Pension Scheme launched by the Government of India to popularize savings among all Indian citizens.
National Pension System (NPS) Highlights
Any Indian citizen will be able to start a National Pension System account and can start investing any amount up for a pension.

Open to all citizens aged between 18-60 years
Exit age for national pension system will be 60 years.
Attractive investment schemes to choose from
Professional record-keeping and fund management
Technology driven, Transparent fee based system
Withdrawal facility as and when you wish, under Tier II
No entry and exit loads
Multiple fund managers
Multiple investment options
Minimum Contribution per installment: Rs 500
Minimum Contribution per year: Rs 6000
Minimum Contributions per year : 1

Bank profile :
Type Public
Traded as BSE: 532134
NSE: BANKBARODA
CNX Nifty Constituent
Industry Banking, Financial services
Founded 20 July 1908; 109 years ago
Founder Maharaja H. H. Sir Sayajirao Gaekwad III
Headquarters Vadodara, Gujarat, India
Number of locations 5481 branch banks (2017)
Area served Worldwide
Key people Ravi Venkatesan (Chairman)
P. S. Jayakumar (Managing Director & CEO
Bharat Dangar (Director)
Products Consumer banking
Corporate banking
Credit cards
Finance and insurance
Investment banking
Mortgage loans
Private banking
Private equity
Wealth management
Revenue 42,199.92 crore (US$6.6 billion) (2017)
44,061.27 crore (US$6.9 billion) (2016)
Operating income 10,975.07 crore (US$1.7 billion) (2017)
8,815.58 crore (US$1.4 billion) (2016)
Net income 1,383.14 crore (US$220 million) (2017)
-5,395.54 crore (US$−840 million) (2016)
Total assets 694,875.42 crore (US$110 billion) (2017)
671,376.48 crore (US$100 billion) (2016)
Owner Government of India
Number of employees 52,420 (2017)
52,021 (2016)
Capital ratio 13.17% (2016)
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