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Bank of Baroda to increase overseas branches to 100

Bank of Baroda to increase overseas branches to 100
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First Published: Thu, Apr 28 2011. 12 43 PM IST
Updated: Thu, Apr 28 2011. 12 43 PM IST
Mumbai: State-run lender Bank of Baroda is planning to increase the number of overseas branches to 100 in FY12 from 85 now, a top official said on Thursday.
It plans to open branches in Malaysia, Uganda, Botswana, the Gulf and Australia, chairman and managing director M. D. Mallya told reporters.
The bank posted a 43% increase in net profit to Rs1,294 crore for January-March quarter.
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First Published: Thu, Apr 28 2011. 12 43 PM IST