# Bank of Baroda (bob World)

> Source: https://docs.barcoder.ai/docs/wallets/bank-of-baroda
> research date 2026-05-30 · extracted at 2026-10-03
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [Bank of Baroda — official](https://bankofbaroda.bank.in/)

## Overview

**Bank of Baroda (bob World)** is **India's #3 public-sector bank by assets after SBI + PNB** + **Government of India ~63.97% controlling** + **bob World 370+ services for 360-degree banking** + **330+ banking services around the clock** + **bob World Lite for feature phone users in rural and semi-urban regions** + **post-Apr 1 2019 Bank of Baroda + Vijaya Bank + Dena Bank merger** <sup>[1][1], [2][2], [India report](https://docs.barcoder.ai/docs/payments/IN)</sup>. **2025 baseline**: Bank of Baroda India's #3 public-sector bank by assets after SBI + PNB + Government of India ~63.97% controlling; **bob World offers 370+ services for 360° banking needs + bob World is the official Bank of Baroda's Mobile Banking application (erstwhile known as M-Connect Plus)** distinctive Indian state-owned banking + mobile-first comprehensive banking; **bob World Lite designed to bring mobile banking services to feature phone users, especially those in rural and semi-urban regions** distinctive Indian rural mobile banking innovation; **Bank of Baroda offers more than 330+ banking services around the clock conveniently from the comfort of your home using a mobile phone** distinctive Indian comprehensive mobile banking services.

**Distinctive Bank of Baroda positioning**:
- **India's #3 public-sector bank by assets after SBI + PNB** (Bank of Baroda; NSE: BANKBARODA; BSE: 532134; Government of India ~63.97% controlling)
- **Government of India ~63.97% controlling** distinctive Indian state-owned banking ownership
- **bob World 370+ services for 360° banking needs** distinctive Indian state-owned banking + mobile-first comprehensive banking
- **bob World Lite for feature phone users in rural and semi-urban regions** distinctive Indian rural mobile banking innovation
- **330+ banking services around the clock** distinctive Indian comprehensive mobile banking services
- **Post-Apr 1 2019 Bank of Baroda + Vijaya Bank + Dena Bank merger** distinctive Indian state-owned banking consolidation
- **Jul 20 1908 Bank of Baroda founding by Maharaja Sayajirao Gaekwad III of Baroda** distinctive Indian princely-era banking heritage
- **Bank of Baroda + 18+ international countries** distinctive Indian state-owned banking international presence

## History

**Jul 20 1908 — Bank of Baroda founded by Maharaja Sayajirao Gaekwad III of Baroda** distinctive Indian princely-era banking heritage.

**1969 — Bank of Baroda nationalized by Government of India** as Indian state-owned commercial bank (post-Bank Nationalisation Act 1969).

**Dec 1996 — Bank of Baroda IPO on NSE + BSE under tickers BANKBARODA + 532134** distinctive Indian state-owned banking listings.

**2014 — M-Connect Plus mobile banking app launch (erstwhile name of bob World)** distinctive Indian mobile banking strategy.

**Apr 1 2019 — Bank of Baroda + Vijaya Bank + Dena Bank merger → India's #3 public-sector bank by assets after SBI + PNB** distinctive Indian state-owned banking consolidation <sup>[3][3]</sup>.

**2020-2021 — M-Connect Plus rebranded to bob World** distinctive Indian state-owned banking app rebranding.

**2025 — Bank of Baroda bob World 370+ services for 360° banking needs + bob World Lite for feature phone users in rural and semi-urban regions** <sup>[1][1], [2][2]</sup>.

## Ownership & operator

**Operating entity**: **Bank of Baroda** (NSE: BANKBARODA; BSE: 532134; India's #3 public-sector bank by assets after SBI + PNB; Government of India majority controlling).

**Major shareholders**: **Government of India (President of India + Ministry of Finance) ~63.97% controlling + LIC of India + Indian retail + institutional + foreign investors**.

**Regulators**: **RBI (Reserve Bank of India) + SEBI + IRDAI**.

## Technical integration

bob World mobile banking app (iOS + Android; 370+ services for 360° banking needs) + bob World Lite (feature phone banking for rural and semi-urban regions) + bob World Internet Banking + bobibanking.bankofbaroda.bank.in online + Bank of Baroda branch network across India + 18+ international countries + Bank of Baroda Visa + Mastercard + RuPay cards; UPI (Unified Payments Interface) + IMPS + NEFT + RTGS + Aadhaar Pay + BBPS (Bharat Bill Payment System); **bob World offers 370+ services for 360° banking needs + bob World is the official Bank of Baroda's Mobile Banking application (erstwhile known as M-Connect Plus) + Bank of Baroda offers more than 330+ banking services around the clock conveniently from the comfort of your home using a mobile phone + users can perform UPI transactions, check balances, transfer funds, pay bills, and recharge mobile phones + bob World Lite designed to bring mobile banking services to feature phone users, especially those in rural and semi-urban regions** distinctive Indian state-owned banking + mobile-first comprehensive banking.

## Users & growth

Bank of Baroda India's #3 public-sector bank by assets after SBI + PNB + Government of India ~63.97% controlling.

## Use cases

Indian + international (UK + US + UAE + Kenya + Uganda + Tanzania + Zambia + South Africa + Australia + Singapore + New Zealand + Guyana + Oman + Bahrain + Botswana + Myanmar + Mauritius + Ghana) retail + private + SME + commercial + corporate + rural feature phone + Indian state-owned banking via bob World mobile + bob World Lite (feature phone) + bob World Internet Banking + bobibanking.bankofbaroda.bank.in online + Bank of Baroda branch network + Visa/Mastercard/RuPay cards; UPI + IMPS + NEFT + RTGS + Aadhaar Pay + BBPS.

## Implementations & partners

**Operator**: Bank of Baroda (NSE: BANKBARODA; BSE: 532134; India's #3 public-sector bank by assets after SBI + PNB; Government of India majority controlling); Government of India (President of India + Ministry of Finance) ~63.97% controlling + LIC of India + Indian retail + institutional + foreign investors.

**Major Indian banking + payments competitors**: [SBI YONO (State Bank of India)](https://docs.barcoder.ai/docs/wallets/sbi-yono) (State Bank of India; NSE: SBIN; BSE: 500112; India's #1 commercial bank by assets; Government of India ~57.46% controlling; YONO super-app 60M+ users) + [Punjab National Bank (PNB ONE)](https://docs.barcoder.ai/docs/wallets/pnb-india) (Punjab National Bank; NSE: PNB; BSE: 532461; India's #2 public-sector bank by assets after SBI; Government of India ~73.15% controlling; PNB ONE + 10,189 branches + 11,822 ATMs Mar 2025) + [HDFC Bank App](https://docs.barcoder.ai/docs/wallets/hdfc-bank) (HDFC Bank; NSE: HDFCBANK; BSE: 500180; NYSE: HDB; India's #1 private commercial bank by assets) + [ICICI Bank](https://docs.barcoder.ai/docs/wallets/icici-bank) (ICICI Bank; NSE: ICICIBANK; BSE: 532174; NYSE: IBN; India's #2 private commercial bank by assets; iMobile Pay) + [Axis Bank / Axis Mobile](https://docs.barcoder.ai/docs/wallets/axis-bank) (Axis Bank; NSE: AXISBANK; BSE: 532215; India's #3 private commercial bank by assets) + [Kotak Mahindra Bank / Kotak811](https://docs.barcoder.ai/docs/wallets/kotak-mahindra) (Kotak Mahindra Bank; NSE: KOTAKBANK; BSE: 500247; India's #4 private commercial bank by assets) + [IDFC First Bank](https://docs.barcoder.ai/docs/wallets/idfc-first-bank) (IDFC FIRST Bank; NSE: IDFCFIRSTB; India's challenger commercial bank) + [BharatPe](https://docs.barcoder.ai/docs/wallets/bharatpe) (BharatPe; Indian merchant fintech + Unity Small Finance Bank) + [PhonePe](https://docs.barcoder.ai/docs/wallets/phonepe) (PhonePe; Walmart-Flipkart subsidiary; India's largest UPI payments app) + [Paytm](https://docs.barcoder.ai/docs/wallets/paytm) (Paytm; NSE: PAYTM; BSE: 543396; Indian payments super-app) + [Google Pay](https://docs.barcoder.ai/docs/wallets/google-pay) (Google Pay; India's #2 UPI payments app) + [BHIM](https://docs.barcoder.ai/docs/wallets/bhim) (BHIM; NPCI's official UPI app) + [CRED](https://docs.barcoder.ai/docs/wallets/cred) (CRED; Indian credit card management + payments super-app).

**Regulators**: RBI + SEBI + IRDAI.

## Fun facts

- **India's #3 public-sector bank by assets after SBI + PNB** (Bank of Baroda; NSE: BANKBARODA; BSE: 532134; Government of India ~63.97% controlling).
- **Government of India ~63.97% controlling** distinctive Indian state-owned banking ownership.
- **bob World 370+ services for 360° banking needs** distinctive Indian state-owned banking + mobile-first comprehensive banking.
- **bob World Lite for feature phone users in rural and semi-urban regions** distinctive Indian rural mobile banking innovation.
- **330+ banking services around the clock** distinctive Indian comprehensive mobile banking services.
- **Post-Apr 1 2019 Bank of Baroda + Vijaya Bank + Dena Bank merger** distinctive Indian state-owned banking consolidation.
- **Jul 20 1908 Bank of Baroda founding by Maharaja Sayajirao Gaekwad III of Baroda** distinctive Indian princely-era banking heritage.
- **Bank of Baroda + 18+ international countries** distinctive Indian state-owned banking international presence.

## Comparison

| Feature | Bank of Baroda | [SBI YONO (State Bank of India)](https://docs.barcoder.ai/docs/wallets/sbi-yono) (State Bank of India rival; India's #1 commercial bank by assets) | [Punjab National Bank (PNB ONE)](https://docs.barcoder.ai/docs/wallets/pnb-india) (Punjab National Bank rival; India's #2 public-sector bank by assets after SBI; Government of India ~73.15% controlling; 10,189 branches + 11,822 ATMs Mar 2025) | [HDFC Bank App](https://docs.barcoder.ai/docs/wallets/hdfc-bank) (HDFC Bank rival; India's #1 private commercial bank by assets) | [ICICI Bank](https://docs.barcoder.ai/docs/wallets/icici-bank) (ICICI Bank rival; India's #2 private commercial bank by assets) |
|---|---|---|---|---|---|
| Operator | **Bank of Baroda (NSE: BANKBARODA; BSE: 532134; India's #3 public-sector bank by assets after SBI + PNB; Government of India ~63.97% controlling)** | State Bank of India (NSE: SBIN; BSE: 500112; India's #1 commercial bank by assets; Government of India ~57.46% controlling) | Punjab National Bank (NSE: PNB; BSE: 532461; Indian state-owned commercial bank since 1894; India's second-oldest commercial bank; Government of India majority controlling) | HDFC Bank (NSE: HDFCBANK; BSE: 500180; NYSE: HDB; India's #1 private commercial bank by assets) | ICICI Bank (NSE: ICICIBANK; BSE: 532174; NYSE: IBN; India's #2 private commercial bank by assets) |
| Type | **India's #3 public-sector bank by assets after SBI + PNB + Government of India ~63.97% controlling + bob World 370+ services for 360° banking needs + bob World Lite for feature phone users in rural and semi-urban regions + 330+ banking services around the clock + post-Apr 1 2019 Bank of Baroda + Vijaya Bank + Dena Bank merger + 18+ international countries** | India's #1 commercial bank by assets + Government of India ~57.46% controlling + YONO super-app 60M+ users | India's second-oldest commercial bank since 1894 + India's #2 public-sector bank by assets after SBI + Government of India ~73.15% controlling + 10,189 branches + 11,822 ATMs Mar 2025 + PNB ONE up to Rs.10 lakh transactions + Rs.2 lakh default limit + post-Apr 1 2020 PNB + Oriental Bank of Commerce + United Bank of India merger | India's #1 private commercial bank by assets | India's #2 private commercial bank by assets + iMobile Pay |
| Country | IN + 18 countries (GB + US + AE + KE + UG + TZ + ZM + ZA + AU + SG + NZ + GY + OM + BH + BW + MM + MU + GH) | IN + 35 countries | IN + HK + GB + MM + BT | IN + 17 countries | IN + 19 countries |
| Distinctive | **Jul 20 1908 Bank of Baroda founding by Maharaja Sayajirao Gaekwad III of Baroda (Indian princely-era banking heritage); 1969 Bank of Baroda nationalized by Government of India (post-Bank Nationalisation Act 1969); Dec 1996 Bank of Baroda IPO on NSE + BSE under tickers BANKBARODA + 532134; 2014 M-Connect Plus mobile banking app launch; Apr 1 2019 Bank of Baroda + Vijaya Bank + Dena Bank merger → India's #3 public-sector bank by assets after SBI + PNB; 2020-2021 M-Connect Plus rebranded to bob World; 2025 bob World 370+ services + bob World Lite for feature phone users** | 1806 SBI founding heritage (oldest Indian commercial bank) | May 19 1894 Punjab National Bank founding in Lahore by Lala Lajpat Rai (Indian independence leader); 1969 PNB nationalized; Apr 1 2020 PNB + Oriental Bank of Commerce + United Bank of India merger | 1994 HDFC Bank founding | 1994 ICICI Bank founding |

## Status

**Active, India's #3 public-sector bank by assets after SBI + PNB + Government of India ~63.97% controlling + bob World 370+ services for 360° banking needs + bob World Lite for feature phone users in rural and semi-urban regions + post-Apr 1 2019 Bank of Baroda + Vijaya Bank + Dena Bank merger** <sup>[1][1], [2][2], [3][3]</sup>:
- **Bank of Baroda (NSE: BANKBARODA; BSE: 532134; India's #3 public-sector bank by assets after SBI + PNB; Government of India majority controlling)** since Jul 20 1908 Bank of Baroda founding by Maharaja Sayajirao Gaekwad III of Baroda + 1969 Bank of Baroda nationalized by Government of India + Dec 1996 Bank of Baroda IPO on NSE + BSE under tickers BANKBARODA + 532134 + 2014 M-Connect Plus mobile banking app launch + Apr 1 2019 Bank of Baroda + Vijaya Bank + Dena Bank merger → India's #3 public-sector bank by assets after SBI + PNB + 2020-2021 M-Connect Plus rebranded to bob World.
- **Bank of Baroda bob World 370+ services for 360° banking needs + bob World Lite for feature phone users in rural and semi-urban regions**.
- **18+ international countries**.
- **RBI + SEBI + IRDAI regulated**.

## Sources

[1]: https://bobworld.bankofbaroda.bank.in/about-bob-world "bob World - The Official Mobile Banking Application by Bank of Baroda — Bank of Baroda"
[2]: https://edunovations.com/currentaffairs/national/bank-of-baroda-feature-phone-banking/ "Bank Of Baroda Feature Phone Banking Service Bob World Lite Explained For Exams — Edunovations"
[3]: https://bankofbaroda.bank.in/ "Bank of Baroda - Personal Banking, NetBanking, Corporate Banking, NRI Banking Services Online — Bank of Baroda"
[in-cro]: https://docs.barcoder.ai/docs/payments/IN

- [1] [bob World - The Official Mobile Banking Application by Bank of Baroda — Bank of Baroda][1]
- [2] [Bank Of Baroda Feature Phone Banking Service Bob World Lite Explained For Exams — Edunovations][2]
- [3] [Bank of Baroda - Personal Banking, NetBanking, Corporate Banking, NRI Banking Services Online — Bank of Baroda][3]
- <sup>[India report](https://docs.barcoder.ai/docs/payments/IN)</sup> In-corpus: `reports/countries/IN-india.md`

## Source

Biography extracted from [bank-of-baroda.md](https://docs.barcoder.ai/source/wallets/bank-of-baroda). See `matrix.md` for standards-support matrix if present.