In 1908, The great visionary, Maharaja Sir Sayajirao Gaekwad of Baroda, whole-heartedly supported the idea of setting up a commercial bank.
The founder strongly believed that, "a bank of this nature would prove to be a beneficial agency for lending , transmission and deposit of money, a powerful factor in the development of art, industries and commerce of the state and also of adjoining territories".
Bank of Baroda was established on 20th July 1908 in the princely state of Baroda by the great visionary, Sir Sayajirao Gaekwad III has grown over the decades as a large international Bank.
Unlike other state-owned bank, Baroda could maintain its unique identity and established a strong national presence even before independence, to all corners of the country.
By the end of the World War II Bank of Baroda had established sound banking relationships with institutions in several countries including United Kingdom. Bank opened the first overseas branch in Mombassa, Kenya in 1953. The journey of opening branches continued and first branch in Fiji opened in 1961 at Suva.Today it has presence in 25 countries.