Bank of baroda

March 31,
March 31,
2003
2004
2005
Capital
200.00
200.00
200.00
Reserves & Surplus
62.55
67.86
73.62
Total Income
21.03
33.01
29.26
Total Expenditures
14.21
20.42
18.08
Profit After Tax (PAT)
2.58
4.49
5.76
Book value per share (Rs.)
13.13
13.39
13.68
Earning per Share (Rs.)
0.13
0.22
0.29
The Nainital Bank Limited
NBL was promoted in the year 1922 by veteran freedom fighter Late Bharat Ratna Pandit Govind Ballabh Pant and
others. In 1973, RBI directed that Bank of Baroda should manage the affairs of NBL. NBL, since then, has been as an
associate Bank of Bank of Baroda.
The shareholding pattern of the bank as of March 31, 2005 is as under:
Shareholder
Shareholding (in Percentage)
Bank of Baroda
97.72
Others
2.28
The board of the bank comprises A.K. Garg (Chairman and CEO), V. B. L. Seksena, D. D. Maheshwari, N. K. Kapoor, P. P.
Bhutani, Kashyap V. Vachharajani, Mahesh Lal Shah, Dr. D. S. Pandey and M. C. Pandey.
The audited financial position of the bank for the last three financial years is as under:
(Rs. in million)
Particulars
Year ended
Year ended
Year ended
March 31,
March 31,
March 31,
2003
2004
2005
Capital
150.00
150.00
150.00
Reserves & Surplus
425.55
522.18
609.51
Deposits
6,687.12
7,588.07
9,332.70
Advances
1,723.78
2,355.15
3,632.09
Total Income
721.38
831.54
829.66
Total Expenditures
645.57
709.15
716.33
Profit After Tax (PAT)
75.82
122.39
113.34
Book value per share (Rs.)
36.96
43.43
49.27
Earning per Share (Rs.)
5.05
8.16
7.56

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136
BANK OF BARODA
Bank of Baroda (Tanzania) Limited
BOB Tanzania, the wholly owned Subsidiary of Bank of Baroda was incorporated on December 4, 2003 under Companies
Ordinance (Cap. 212) in Tanzania. It carried out banking activity.
The shareholding pattern of the said company as of March 31, 2005 is as under: