Bank of baroda

Focus on marketing our credit products to large and medium sized industrial units and infrastructure projects
We have initiated operational and organizational structure changes to accelerate our credit growth to large and medium
sized industrial units and infrastructure projects. Our organizational changes include creating separate internal departments
for product development, marketing and credit expansion and establishing a project finance department. Our operational
changes include moving large corporate accounts to dedicated corporate finance services branches and sanctioning of
hunting limits (pre-approved credit limits) for top rated corporations. Through competitive pricing, we also plan to increase
our share of non-funded and fee based business such as project appraisals, loan syndications, debt refinancings,
guarantees and letters of credit.
Grow our international operations
We have maintained an international presence for the past 52 years and we intend to continue to grow our global
operations. Our international branches, Subsidiaries and Associate are focused on providing retail banking, structured
products and wealth management services and, along with our representative offices, allow us to focus on asset creation
and to develop cross border business by providing trade and project finance, remittances, syndications and correspondent

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banking services. In addition, we are looking to grow our global loan syndication business through our dedicated
syndication center located in our London branch. We recently opened a branch in Leicester in the United Kingdom and
a representative office in Bangkok in Thailand. We have received approval from the RBI and are awaiting host country
approval for the opening of branches in Houston (USA), Hong Kong Bangladesh, Maldives and an OBU at Singapore.
RBI approvals have been received for the opening of new offices in, Canada, New Zealand, Sri Lanka and Trinidad and
Tobago and Isle of Man. We will continue to look for attractive opportunities to expand our international reach and grow
our business outside India.