Bank of baroda

BANK OF BARODA
The following table sets forth, as of the dates indicated, the allocation of our investment portfolio.
March 31, 2003
March 31, 2004
March 31, 2005
September 30, 2005
Securities
In Rs. million
%
In Rs. million
%
In Rs. million
%
In Rs. Million
%
SLR
Government Securities
211,664.90
74.59
271,898.21
75.41
278,611.40
79.90
273,915.13
76.45
Approved Securities
14,603.45
5.15
13,956.92
3.87
13,136.58
3.77
13,088.06
3.65
Subsidiaries and
Joint Ventures
2,360.00
0.83
2,547.33
0.71
2,536.17
0.73
3,622.72
1.01
Total_(Domestic)'>Sub total
228,628.35
80.57
288,402.46
79.99
294,284.15 84.40
290,625.91 81.11
Non-SLR
Recap Bonds
1,820.00
0.64
1,820.00
0.50
1,820.00
0.52
1,820.00
0.51
Bonds and debentures
44,000.73
15.51
45,096.45
12.51
37,195.72
10.67
37,236.05
10.39
Shares
4,120.80
1.45
5,171.39
1.43
5,286.66
1.52
3,591.48
1.00
Commercial Paper,
Mutual Funds and
Others
5,203.41
1.83
20,068.14
5.57
10,107.20
2.90
25,037.84
6.99
Sub total
55,144.94
19.43
72,155.98
20.01
54,409.58 15.60
67,685.37 18.89
Total (Domestic)
283,773.29
100.00
360,558.44
100.00
348,693.73 100.00
358,311.28
1 0 0
Outside India
18,020.54
19,629.66
22,050.68
24,506.42
Total
301,793.83
380,188.10
370,744.41
382,817.70
The following table sets forth, as of the dates indicated, category wise allocation of our domestic investment portfolio:
March 31, 2003
March 31, 2004
March 31, 2005
September 30, 2005
Securities
In Rs. million
%
In Rs. million
%
In Rs. million
%
In Rs. Million
%
Held to Maturtity
14,538
5.12
13,258
3.68
92,394
26.50
152,575
42.58
Available for sale
269,201
94.86
347,276
96.32
256,291
73.50
205,452
57.34
Held for Trading
34
0.01
24
0.01
9
0.01
284
0.08
Total
283,773
100
360,558
100
348,694
100
358,311
100
Foreign Exchange Operations
Being a bank with a global presence, we are one of the leading foreign exchange dealers in India. The modern dealing
room at the Specialised Integrated Treasury Branch (SITB) at Mumbai handles much of our foreign exchange transactions
and has enabled us to act as a market maker in both spot and forward markets as well as foreign swap markets. The
services to our customers include hedging of foreign currency risks by providing forward covers and various derivatives
products. We enter into foreign exchange and derivative transactions for our customers and on our own account.
We are also able to offer NRIs a full range of products including remittance facilities and acceptance of deposits in Indian
Rupees as well as in designated foreign currencies. Residents as well as returning NRIs can also make use of our
resident foreign currency accounts. We also maintain EEFC accounts for our export customers.
On the technology side, we have enabled the SWIFT facility for worldwide inter-bank communication at 97 foreign
exchange branches in India and at all overseas centers. SWIFT enables international money transfers to be conducted
more accurately and with greater speed.

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Set forth below is our foreign exchange turnover for the periods indicated:
Fiscal
Six months
ended
2002
2003
2004
2005
September
(Rs. in
30, 2005
million)
Merchant Turnover
57,279
17,7860
337,533
417,286
206,870
Interbank Turnover
221,523
953,204
1,440,238
1,691,352
1,048,166
Total
278,802
1,131,064
1,777,771
21,086,38
1,255,036
Banking Services
We and certain of our Subsidiaries offer a wide range of banking services to our retail, corporate, business and rural
customers. The following is a description of our banking services offering:
Credit Cards
Through our wholly owned subsidiary, BOBCARDS we offer a full range of credit cards. Over the past 20 years, BOBCARDS
has grown to have an extensive network of 40 area offices.
Our affiliation with Master Card International and Visa International allows our customers to have access to a vast
network of international merchants and more than 25,000 merchant establishments across the country. The various
offerings marketed by BOBCARDS include Bobcards Paras, Silver, Bharat Premium, Exclusive (Woman/ Youth/ General),
Gold (Visa/ Master), Corporate Global and Gold Flexi. The credit limits of these products range from Rs. 20,000 to Rs.
200,000.
Debit Cards
We offer Bank of Baroda Debit Card as part of a commercial arrangement with VISA International. The Debit Card is
accepted at over 10,000 Visa Electron ATMs in India and approximately 850,000 ATMs worldwide. The card is also
accepted at 100,000 point of sale terminals in India and 13 million worldwide. We have also introduced the Baroda Desh
Bidesh Yatra Card, which is a currency specific prepaid card.