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BoB house inaugurated in London
London, Oct 30: The Bank of Baroda has become the first Indian bank with a building of its own in the world`s financial capital with the acquisition of a six million pounds worth new building for its office in London and christened it `Baroda House` at a brief function here.
London, Oct 30: The Bank of Baroda has become the first Indian bank with a building of its own in the world's financial capital with the acquisition of a six million pounds worth new building for its office in London and christened it 'Baroda House' at a brief function here.
The Bank also launched its net banking facility to provide customers instant access to their accounts across the globe on the occasion yesterday.
Speaking at the function, Lord Bagri, the first NRI chairman of the London Metal Exchange, who named the building Baroda House, lauded the achievement of the bank which had earned a profit of Rs 1,000 crore in 2002-03.
He said the bank, employing 40,000 people, had achieved great heights mainly because of its motto of service to the customers particularly when they were in dire needs.
Chairman and managing director of the bank, P S Shenoy dwelt on the bank's plans to expand its international operations in a big way in keeping with the new phase of globalisation.
Dr K C Chakrabarty, Chief Executive (European operations) described the acquisition and naming of the building as Baroda house as a "momentous occasion" in the history of the bank for more than one reasons.
Bureau Report
Speaking at the function, Lord Bagri, the first NRI chairman of the London Metal Exchange, who named the building Baroda House, lauded the achievement of the bank which had earned a profit of Rs 1,000 crore in 2002-03.
He said the bank, employing 40,000 people, had achieved great heights mainly because of its motto of service to the customers particularly when they were in dire needs.
Chairman and managing director of the bank, P S Shenoy dwelt on the bank's plans to expand its international operations in a big way in keeping with the new phase of globalisation.
Dr K C Chakrabarty, Chief Executive (European operations) described the acquisition and naming of the building as Baroda house as a "momentous occasion" in the history of the bank for more than one reasons.
Bureau Report