Kolkata: Bank of Baroda is all set to open four novel branches in the eastern region as part of centenary year celebrations. Three of the new branches will be sited in West Bengal and the fourth will be in Assam.

The bank, which also plans to provide a special deposit scheme (with tenure of 24 months) in addition, has a total network of 140 branches in the region, said G. Nagamal Reddy, General Manager.

In March 2007, BoB clocked a business of about Rs 8,300 crore in the east, and anticipates penetrating new customer segments.

Maharaja Sayajirao Gaekwad of Baroda founded Bank of Baroda on July 20, 1908 with a paid up capital of Rs 10 lakhs. Since then bank has covered an eventful and victorious journey of almost 100 years.

Today, it has over 2735 branches including 39 overseas branches spread over 20 countries.