Bank of baroda

BANK OF BARODA
The shareholding pattern of the company as of March 31, 2005 is as under:
Shareholder
Shareholding (in Percentage)
Bank of Baroda
67.11
National Housing Bank
32.89
The Bank has been in discussions with the National Housing Bank to buy-out their shareholding aggregating to 32.89%
in BOB Housing.
The board of directors of the company comprises A. C. Mahajan (Chairman), G. N. Reddy, Managing Director, P.K.
Lauria, R.K. Garg, B. G. Baria, Rakesh Bhalla and P.S Joshi.
The audited financial position of the company 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
409.35
469.00
530.67
Total Income
691.90
602.90
462.99
Total Expenditures
568.67
509.28
344.39
Profit After Tax (PAT)
93.94
73.56
86.09
Book value per share (Rs.)
37.29
41.27
45.38
Earning per Share (Rs.)
6.26
4.90
5.74
BOBCARDS Limited
Looking at the needs of credit card and to have more customer centric operations, Bank of Baroda established a wholly
owned subsidiary, BOBCARDS Limited on September 20, 1994 to cater to the need of rapidly growing credit card
industry in a focussed manner. Bank of Baroda had introduced its first charged card named “BOBCARD” in the year
1984. After incorporation of BOBCARDS, the credit card business of the Bank was transferred to BOBCARDS. BOBCARDS
has considerable brand recognition and has arrangements with Master Card International and VISA International.
The shareholding pattern of the company as of March 31, 2005 is as under: