Bank of Baroda
Bank of Baroda (New Zealand) Ltd(BOB) is a wholly owned subsidiary of Bank of Baroda- India’s International Bank. BOB was incorporated on 27th May 2007. It is a registered bank since 1st September 2009 under the Reserve Bank of New Zealand Act 1989.All liabilities of Bank of Baroda (New Zealand) Ltd are guaranteed by its Parent Bank – Bank of BarodaBOB's corporate office and first branch is located at 114, Dominion Road, Mt Eden, Auckland.Bank of Baroda (New Zealand) Ltd is the first Indian bank to foray into New Zealand. The Bank’s network in 25 countries will be advantageous to customers who have personal/corporate relations with these countries. Its leading personal remittance product - Rapidfunds2India has been very popular for its speed and ease.
Bank of India
Bank of India (BOI), a premier public sector bank, was founded on 7th September, 1906 by a group of eminent businessmen from Mumbai. The Bank was under private ownership and control till July 1969 when it was nationalised along with 13 other banks.BOI has 4545 branches in India spread over all states/ union territories. including specialized branches. These branches are controlled through 50 Zonal Offices. There are 54 branches/ offices and 5 Subsidaries and 1 joint venture abroad. BOI was the first Indian Bank to open a branch outside the country, at London, in 1946, and also the first to open a branch in Europe, Paris in 1974. It has overseas presence in 20 foreign countries spread over 5 continents – with 54 offices including 4 Subsidiaries, 4 Representative Offices and 1 Joint Venture, at key banking and financial centres viz., Tokyo, Singapore, Hong Kong, London, Jersey, Paris and New York.The bank has opened its wholly owned subsidiary, BOI (New Zealand) Limited, which is a registered bank. BOINZ has a capital base of 50 million and has been rated by S & P at BBB-/Stable/A-3. BOI has provided unconditional parental guarantee to satisfy all the liabilities of BOINZ.