• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

Mumbai , Sept. 20

Bank of Baroda inaugurated its Singapore operations with an offshore banking unit. The Finance Minister, Mr P. Chidambaram, inaugurated the office, which is bank's 60th overseas office, said a press release from the bank.

The offshore unit will offer wholesale banking and service to corporate customers. The Singapore office may act as a hub for its Asia-Pacific region, the release said quoting Dr A.K. Khandelwal, Chairman and Managing Director, Bank of Baroda.

Recently, the bank received approval from the Hong Kong Monetary Authority to upgrade its local operations to a full-fledged branch. The bank has also plans to start operations in West Indies, Canada, New Zealand, Australia, Qatar and Bahrain and upgrade its representative offices in China and Malaysia to full branches, the release said.

More Stories on : Public Sector Banks | Overseas Investments

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Bankers impose more self-checks prior to IPOs

Copyright © 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line