Bank of baroda

BANK OF BARODA
us to leverage arbitrage opportunities and ensure better risk management and compliance. In addition to our domestic
operations, we have treasury operations in several global financial centres including London, New York, Brussels, Mauritius,
Nassau and Dubai, which we are in the process of integrating as part of our Core Banking Solution.
We have also maintained our focus on addressing the needs of priority sector customers and offer specialized products
and services to these sectors. Our rural financial services include the provision of special offerings that extend credit
facilities to small and marginal farmers, agricultural labourers and cottage industry entrepreneurs.
We deliver our products and services through our extensive branch network, extension counters, ATMs, phone banking
and the Internet. As of November 30, 2005, our Indian branch network comprised 1,170 rural, 541 semi-urban, 493 urban
and 493 metropolitan branches, all of which are either fully or partially computerised. In addition, all our overseas and
treasury operations are fully computerised.
We have launched a major technology enabled business transformation project throughout our organisation. We plan to
roll-out our Core Banking Solution in 125 branches in fiscal 2006. Subsequently, we believe that our Core Banking
Solution will be commenced in more than 1,900 branches in India and all branches abroad. With this technology
platform, all banking services will be available to our customers through multiple service channels and on an “anytime
anywhere” basis.
The following table gives the region-wise summary of our number of branches, deposits and advances for our domestic
operations as at March 31, 2004 and 2005 and September 30, 2005:
Domestic
As at March 31, 2004
As at March 31, 2005
As at September 30, 2005
Geographic
Number