January 31st, 2020 08:38 PM | |
Anuj Bhola | 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 ?? 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) |