Bank of Baroda incorporates pension fund subsidiary

Bank of Baroda (BoB) has incorporated a subsidiary “BoB Pension Fund Management Company Ltd” with an authorised share capital of ₹100 crore.The public sector bank (PSB) is the sponsor of the new Company, with a shareholding of 80.10 per cent. The balance stake is held by Baroda BNP AMC.BoB’s new su…