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About Us

About Us

BOB Financial Solutions Limited (hereinafter referred to as ”the Company”) is a credit card company, 100% subsidiary of Bank of Baroda, one among the pioneers in Indian card market. The company is in the business of Credit cards, Acquiring Business & back end support for Debit cards operations to Bank of Baroda.

Bank of Baroda had introduced its first charged card named BOBCARD in the year 1984. The whole operation of this plastic card was managed by Credit card division of Bank of Baroda.

Looking at the needs of credit card and to have more customer centric operations, Bank of Baroda established a wholly owned subsidiary, Bobcards Limited in the year 1994 to cater to the need of rapidly growing credit card industry in a focused manner. The Company is the first Non-banking company in India issuing credit cards, an ideal substitute for cash.

The company is serving the country with its wide range of credit cards for the last 23 years. BOB Financial Solutions Limited is the company with the largest network in the country with 38 Area offices all over the country in every nook and corner to serve the customer in a best possible manner.

In card issuing, the company contributes a respectable share of the total market size. The product bucket of the company is filled with cards tailored to suit all economic classes and their needs. The company caters to card in affiliation with Master Card International and Visa International etc. The company always prefers quality to quantity of credit cards issued. The Company is proud to have best of users as its Credit Card holders.

The Company has strong brand equity in its core customer segments with programmes with Master Card International, VISA International and National Payment Corporation of India, as a part of its portfolio.

The various products, which are marketed by the Company are namely Bobcard Signature, Bobcard Corporate Global, Bobcard Platinum Master, Bobcard Platinum Visa, Bobcard Titanium. These card products has been launched keeping in view the different need of different people. The credit limits of these products range starts from Rupees 20000 .

In acquiring segment also, the company has shown its presence in Indian market. The company has Merchant Establishments across the country.

Registered & Corporate Office

BOB Financial Solutions Limited
(formerly known as Bobcards Limited)
[CIN-U65990MH1994GOI081616]

2nd Floor Baroda House Behind Dewan Centre,
S V Road, Jogeshwari West, Mumabai - 400 102

Promoters

The Company is a wholly owned (100%) subsidiary of Bank of Baroda.

Capital Structure

The Company has authorised share capital of  200 Crores, comprising 200,000,000 equity shares of  10/- each as on 31st March 2015. The Company has issued, subscribed and paid up equity capital of  175 Crores constituting 175,000,000 equity shares of  10 each.

Board of Directors

Sr.NoName of DirectorDesignationDate of Appointment
1.Shri P S JayakumarChairman18/12/2015
2.Shri Ashok Kumar GargNominee Director21/07/2017
3.Shri Manoj PiplaniManaging Director & CEO01/12/2016
4.Shri Atul MalikDirector21/07/2017
5.Prof. Sharad SarinDirector19/09/2017
6.Shri Opinder Krishen KaulDirector14/09/2015
7.Shri Rajneesh SharmaDirector30/09/2016
8.Ms.Purnima RaoDirector30/09/2016
9.Shri Navtej SinghDirector01/12/2016

Changes in Directorship during FY 2016-17

  • Shri Sanjay Mudaliar has been appointed as Director w.e.f. 07/05/2016 pursuant to the notice received u/s 160 alongwith requisite deposit from member/share holder proposing his name as Director of the Company.
  • Shri Rajneesh Sharma has been appointed as Director w.e.f. 30/09/2016 pursuant to the notice received u/s 160 alongwith requisite deposit from member/share holder proposing his name as Director of the Company.
  • Ms. Purnima Rao has been appointed as Director w.e.f. 30/09/2016 pursuant to the notice received u/s 160 alongwith requisite deposit from member/share holder proposing her name as Director of the Company.
  • Shri Manoj Piplani has been appointed as Managing Director w.e.f. 01/12/2016 pursuant to the notice received u/s 160 alongwith requisite deposit from member/share holder proposing his name as Managing Director of the Company.
  • Shri Navtej Singh has been appointed as Additional Director w.e.f. 01/12/2016 pursuant to the notice received u/s 160 alongwith requisite deposit from member/share holder proposing his name as Director of the Company.
  • The Company has received a resignation letter from Shri Tejinder Singh Laschar, who has resigned from the Board of the Company as an Independent Director w.e.f. 18/12/2016 pursuant to the completion of his Directorship tenure.

Right to Information

Mr. Vipul Barot
PIO (Under RTI)
2nd Floor, "Baroda House",
Behind Dewan Shopping Center,
S. V. Road, Jogeshwari (W),
Mumbai - 400 102.
Phone No. - +91 22 42068570

Mr. S. N. Padhi
First Appellate Authority (Under RTI)
2nd Floor, "Baroda House",
Behind Dewan Shopping Center,
S. V. Road, Jogeshwari (W),
Mumbai - 400 102.
Phone No. - +91 22 42068600

Press Release

Sl. No.DateParticlulars
1. 1st-Dec-2016

To apply for credit card, SMS ' Apply <space> <your city> ' to 9223990624 NOW!

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(formerly known as Bobcards Limited).
All rights reserved.
 
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