Bank of baroda

Shareholders’/Investors’ Grievance Committee
The Committee of Directors for Share Transfer and Investors’ Grievances was constituted on March 19, 1997. At the
meeting of the Board held on March 27, 2002, to expedite the transfer process and to meet SEBI guidelines regarding
transfer of shares/ bonds, a committee of executives was constituted and the existing committee of Directors was renamed
as the Investors’ Grievance Committee of Directors. The Shareholder/Investors Grievance Committee comprises of Dr.
Anil K. Khandelwal, A.C. Mahajan, and T.K. Balasubramanian. Vinay Shah, Company Secretary has been designated as
Compliance Officer.
As on September 30, 2005, the Committee has met 11 times since its inception.
Other Committees
In addition to the Audit Committee and the Shareholders’/Investors’ Grievance Committee, we have also constituted a
Management Committee, an ALM and Risk Management Committee, a Share Transfer Committee and a Customer
Service Committee The details of these committees are provided below.
Management Committee
The Management Committee was constituted on December 21, 1995 and exercises the powers of the Board, including
powers with regard to credit proposals, as may be delegated to it by the Board.

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BANK OF BARODA
The Management Committee exercises all the powers vested in the Board in respect of:
1.
Sanctioning of credit proposals (funded and non funded);
2.
Loan compromise/write off proposals;
3.
Proposals for approval of capital and revenue expenditure;
4.
Proposals relating to acquisition and hiring of premises including deviation from norms for acquisition and hiring of
premises;
5.
Filing of suits/appeals, defending them etc.;
6.
Investments in Government and other approved securities, shares and debentures of companies including
underwriting;
7.
Donations; and
8.
Any other matter referred to the Management Committee by the Board.
The Management Committee comprises Dr. Anil K. Khandelwal, A.C. Mahajan, Vinod Rai G.K. Sharma,, Dr. Dharmenra
Bhandari, Masarrat Shahid and T.K. Balasubramanian.
As on September 30, 2005, the Committee has met 10 times since April 1, 2005.
ALM and Risk Management Committee
The ALM and Risk Management Committee or ALMC of the Board was constituted in the year 2000 to oversee the
establishment of ALM and risk management system in the Bank.
It comprises Dr. Anil K. Khandelwal, the Chairman, A.C. Mahajan, Dr. Pradip N. Khandwalla and T.K. Balsubramanian.
During the fiscal year ended March 31, 2005, the Committee has met thrice.
Share Transfer Committee
Share Transfer Committee was constituted on March 19, 1997 and it comprises Dr. Anil K. Khandelwal, the Chairman
and A.C. Mahajan, Directors and V.B.L. Seksena and D.A. Parekh, General Managers and S.S. Mundra, Deputy General
Manager. This Committee meets periodically with a view to effect speedy transfer of shares/bonds.
As on September 30, 2005, the Committee has met 120 times since its inception.
Customer Service Committee of the Board
Customer Service Committee was constituted on January 29, 2005 and comprises Dr. Anil K. Khandelwal, A.C. Mahajan
and Manish Mehta. The functions of the Committee include suggesting and implementing innovative measures for enhancing
the quality of customer services including the level of satisfaction for all categories of clientele of the Bank at all times.
As on September 30, 2005, the Committee has met once since its inception.
Committee for monitoring High Value Frauds
The Committee for monitoring high value fraud was set up on January 30, 2004 for monitoring and following up fraud
cases involving an amount of Rs.10.00 million and above exclusively. The Committee comprises of Dr. Anil K. Khandelwal
and T.K. Balasubramanian.
As on September 30, 2005, the Committee met three times since its inception.
Committee on Human Resources Management
Our Board constituted a Sub Committee on Human Resources Management on October 31, 2003 to provide direction
and facilitation in implementation of various HRD strategies and initiatives. The Committee comprises Dr. Anil K. Khandelwal,
A.C. Mahajan, Vinod Rai, Dr. Pradip N. Khandwalla, Directors and A.N. Agarwal and Dr. B.L. Maheshwari, external
consultants.
As on September 30, 2005, the Committee has met three times since its inception.

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