Bank of Baroda to set up branches in New Zealand

The lender’s board had approved the expansion of the bank’s operations with two new branches in Auckland and in Wellington.

Close on the heels of the formal inauguration of Bank of Baroda NZ’s operations in the country earlier this year, the bank’s management has announced the opening of two new branches.

Bank of Baroda NZ Managing Director Satish Vermani told Indian Weekender last week that the bank’s board had approved the expansion of the bank’s operations with two new branches – one in Auckland and the other in Wellington.

“The second branch in Auckland after our Dominion Road head office and branch will be either in Papatoetoe or somewhere in South Auckland while we are looking at a new branch in Wellington,” Mr Vermani said.

Bank of Baroda Chairman and Managing Director M D Mallya had earlier told Indian Weekender during his visit to Auckland for the bank’s formal inauguration that following the successful early run the bank’s operations had here, it wouldn’t be long before new branches were opened.

View the full story in Indian Weekender.

Follow the link for more news on

Also Read

Thailand’s Krungthai Bank temporarily closes two branches

Japan’s SMBC opens a branch in India’s GIFT City

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit