Bank of baroda

Abbreviation
Full Form

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BANK OF BARODA
Abbreviation
Full Form
SEBI Takeover Regulations
Securities and Exchange Board of India (Substantial Acquisition of Shares and
Takeover) Regulations, 1997, as amended from time to time
SIDBI
Small Industries Development Bank of India
TDS
Tax Deducted at Source
U.S. GAAP
Generally accepted accounting principles in the United States of America
VRS
Voluntary Retirement Scheme
VSE
The Vadodara Stock Exchange Limited

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CERTAIN CONVENTIONS; USE OF MARKET DATA
Unless stated otherwise, the financial data in this Red Herring Prospectus is derived from our financial statements
prepared in accordance with Indian GAAP and included in this Red Herring Prospectus. The statistical and operational
data in this Red Herring Prospectus is presented on an unconsolidated basis. Our fiscal year commences on April 1
and ends on March 31 of each year, so all references to a particular fiscal year are to the twelve-month period ended
March 31 of that year. In this Red Herring Prospectus, any discrepancies in any table between the total and the sums
of the amounts listed are due to rounding-off.
There are significant differences between Indian GAAP and U.S. GAAP; accordingly, the degree to which the Indian
GAAP financial statements included in this Red Herring Prospectus will provide meaningful information is entirely
dependent on the reader’s level of familiarity with Indian accounting practices. Any reliance by Persons not familiar with
Indian accounting practices on the financial disclosures presented in this Red Herring Prospectus should accordingly
be limited. The Bank has not attempted to explain those differences or quantify their impact on the financial data
included herein, and the Bank urges you to consult your own advisors regarding such differences and their impact on
our financial data.
All references to “India” contained in this Red Herring Prospectus are to the Republic of India. All references to
“Rupees” or “Rs.” are to Indian Rupees, the official currency of the Republic of India. All references to “U.S.$” or “U.S.
Dollars” are to United States Dollars, the official currency of the United States of America. All references to “GBP” are
to United Kingdom Pound Sterling, the official currency of the United Kingdom.
For definitions, please see the section titled “Definitions and Abbreviations” on page i of this Red Herring Prospectus.
Unless stated otherwise, industry data used throughout this Red Herring Prospectus has been obtained from RBI
publications. Industry publications generally state that the information contained in those publications has been ob-
tained from sources believed to be reliable but that their accuracy and completeness are not guaranteed and their
reliability cannot be assured. Although the Bank believes that industry data used in this Red Herring Prospectus is
reliable, it has not been independently verified.

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