Bank of baroda

Director
(1)
Designation
D. Rajagopalan
Chairman
D.D. Parekh
Director
Harish Chandra Mishra
Director
I.C. Rathoria
Director
R.V. Dave
(1)
The Finance Department, Government of Gujarat, has issued a resolution appointing the Joint Secretary &Director
(Institutional Finance) Finance Department and Additional Commisioner, Commisionerate of Rural Development as
directors on the board of Baroda Gujarat Gramin Bank for a period of two years or till such time as a fresh
nomination is made by it.
As the Bank was formed on September 12, 2005, no financial statements have been prepared yet by the Baroda Gujarat
Gramin Bank.

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However, the audited accounts for the last three years of the three RRBs that were amalgamated to form the Baroda
Gujarat Gramin Bank are provided hereunder:
The audited financial position of Panchmahal Vadodara Gramin Bank 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
10.00
10.00
10.00
Share Capital Deposit Account
123.93
123.93
123.93
Reserves & Surplus
0.00
0.00
0.00
Deposits
1,539.06
1,770.02
2,126.55
Advances
918.50
900.81
1,070.73
Accumulated Losses
54.55
45.05
21.02
Total Income
197.91
197.46
196.54
Total Expenditures
184.11
187.98
172.51
Profit After Tax (PAT)
13.80
9.49
24.03
Net Asset Value/ Book value per share (Rs.)
793.80
888.80
1,129.10
Earning per Share (Rs.)
138.00
94.90
240.30
The audited financial position of Valsad Dangs Gramin Bank for the last three financial years is as under:
(Rs. in million)