Need to know this for getting the DD for U.S visa fees
2006-10-16 18:25:57 · 12 answers · asked by Rashi 1 in Business & Finance ➔ Corporations
It is not a co-operative bank. It is a nationalised bank
2006-10-16 18:33:22 · answer #1 · answered by Anonymous · 3⤊ 0⤋
Reserve Bank of India has a Schedule of Conduct for commercial banks.All banks which accept deposits and makes loans to public have to follow this schedule. Such banks are called Scheduled Commercial Banks. Merchant banks, Investment banks etc which do not deal with public are not scheduled commercial banks. Also companies like Sundaram Finance, Citi Financial, GE Money, Sriram Finance, Muthoot Bankers etc are not banks but finance companies and are collectively called NBFC - Non Banking Finance Companies. They are also regulated by RBI but not by the above Schedule.
2016-03-28 12:41:46 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Bank of Baroda (BSE: 532134 ) is a bank in India established on July 20, 1908 in the princely state of Baroda, in Gujarat. The bank, along with 13 other major commercial banks of India, was nationalisd on 19th July, 1969, by the Government of India.
In its international expansion Bank of Baroda followed the Indian diaspora, and especially that of the Gujaratis. Bank of Baroda has total assets of about Rs.1133bn (end-Mar 2006), a network of over 2800 branches and offices, and about 650 ATMs. Bank of Baroda offers a wide range of banking products and financial services to corporate and retail customers through a variety of delivery channels and through its specialised subsidiaries and affiliates in the areas of investment banking, credit cards and asset management. Bank Of Baroda is the fifth largest bank in India with business crossing Rs. 1.63 lakh crores..
2006-10-16 19:59:42 · answer #3 · answered by Anonymous · 0⤊ 0⤋
This is not a Co-operative Bank at all. It is one of the nationalised banks, like Indian Bank, Indian Overseas Bank, Syndicate Bank, Canara bank, etc.
2006-10-17 04:57:54 · answer #4 · answered by Anonymous · 0⤊ 0⤋
No..BOB is a scheduled Public sector undertaking. U can surely make a DD to pay for us fees. Best would be to gor for SBI, as they have three branches in Silicon valley, new york, and washington. These branches are called NOSTRO Branches. Moreover SBI is the next best bank after ICICI in terms of foreighn branch network. Do check the existing exchange rate rs/USD for converting the amount.
2006-10-16 18:37:48 · answer #5 · answered by samratmsil 2 · 0⤊ 1⤋
No. Its a Nationalized bank.
2006-10-17 22:46:32 · answer #6 · answered by Subhasis G 4 · 0⤊ 0⤋
No it is not a co-operative bank
2006-10-16 18:28:50 · answer #7 · answered by ravinder b 2 · 0⤊ 1⤋
Yes
2006-10-16 18:33:09 · answer #8 · answered by Beautiful Snowwhite 3 · 0⤊ 2⤋
It is nationalised bank yaar
2006-10-16 18:34:56 · answer #9 · answered by Anonymous · 0⤊ 0⤋
no,BOB is a nationalized bank
2006-10-16 20:33:59 · answer #10 · answered by siddharth s 2 · 0⤊ 0⤋