Bhubaneswar, 21th April 2025: Bank of Baroda, one of India’s leading public sector banks, inaugurated its new Zonal Office premises in Bhubaneswar, which will serve as a strategic hub for the Bank’s operations in this geography. The Bhubaneswar Zone covers the states of Odisha and Jharkhand and the new zonal office marks a significant milestone in the Bank‘s endeavour to strengthen its presence and deepen customer outreach in Eastern India.
The new Zonal Office jurisdiction covers five Regional Offices in Sambalpur, Ranchi, Jamshedpur, Cuttack and Bhubaneswar and a network of 337 branches. With around 67% of these branches located in rural and semi-urban areas, the Bhubaneswar Zone is well-placed to penetrate banking services and drive financial inclusion.
The new zonal office was inaugurated by Shri M. Nagaraju, IAS, Secretary, Department of Financial Services, Ministry of Finance, Government of India in the presence of Shri Debadatta Chand, Managing Director & CEO, Bank of Baroda and Shri Manoranjan Mishra, Director (RBI Nominee), Bank of Baroda. They were joined by senior bank executives and valued customers.
Odisha is a treasure trove of culture and resilience. As the Bank inaugurates its new Zonal Office, it rededicates itself to inclusive growth, digital innovation and customer service excellence.
The moment also marks a significant step forward in fulfilling the Government of India’s vision of “Purvodaya”, a mission to unleash the potential of eastern India. Bank of Baroda has been an active partner in the growth story of Odisha and with the opening up of this Zonal Office it is going to strengthen its contribution further.
Commenting on the inauguration, Shri Debadatta Chand, Managing Director & CEO, Bank of Baroda said, “At Bank of Baroda, we are committed to expanding banking services in emerging regions and high-potential geographies across the country. The launch of the new zonal office in Bhubaneswar Zone reflects the strategic importance of Odisha & Jharkhand for the Bank. It strengthens our presence in these key markets and enhances our ability to deliver banking solutions more efficiently, while driving inclusive growth.”
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