Bank of Baroda incorporates wholly owned subsidiary
The subsidiary will undertake Standalone Primary Dealership business in accordance with RBI guidelines
Bank of Baroda has incorporated a wholly owned subsidiary named ‘BOB Securities & Giltedge’. BOB Securities & Giltedge will undertake Standalone Primary Dealership business in accordance with RBI guidelines. The bank will infuse Rs 2000 crore in BOB Securities & Giltedge in two tranches.
Bank of Baroda is engaged in providing various services, such as personal banking, corporate banking, international banking, small and medium enterprise (SME) banking, rural banking, non-resident Indian (NRI) services and treasury services.
