Bank of Baroda SWOT Analysis, Competitors, Segmentation, Target Market, Positioning & USP

Banking Services

Banking & Financial Services

India’s International Bank

People who wish to invest their money in banking activities

Middle income group individuals, HNIs, Corporates

Bank with International product and services served the Indian way

Below are the Strengths in the SWOT Analysis of Bank of Baroda:

1.  Bank of Baroda is one of the biggest names in public sector banking in India
2.  Bank of Baroda offers number of services and products offered by the bank
3.  CBS implementation in its branches
4.  International presence adds to the credibility of Bank of Baroda

5. Strong legacy of the bank since its inception in 1908

6. More than 50,000+ people are employed with Bank of Baroda

7. Acquisitions have strengthened the position of the bank in the Indian market

8. Bank of Baroda has more than 5000+ branches and 10000+ ATMs 

9. Strong advertising and branding of the brand

Here are the weaknesses in the Bank of Baroda SWOT Analysis:

1. Limited market share growth due to intense competition

2. International presence of Bank of Baroda is limited as compared to global banks

Following are the Opportunities in Bank of Baroda SWOT Analysis:

1.  International branches of Bank of Baroda give scope to expand in other economies
2.  Expansion in the rural areas to include the unbanked and underbanked
3.  Bank of Baroda Caps can contribute more to the revenues

4. Capturing the youth with internet services and apps.

The threats in the SWOT Analysis of Bank of Baroda are as mentioned:

1. New banking licenses by RBI can affect operations
2. Foreign banks investing in huge numbers can reduce market share of Bank of Baroda

3. Online facilities are vulnerable to data leaks and loss of confidential information

Below are the top 6 Bank of Baroda competitors:

1. ICICI Bank

2. Andhra Bank

3. Allahabad bank

4. HDFC

5. Axis Bank

6. State Bank of India (SBI)