The city of Hapur is located in the district of the same name in the Indian state of Uttar Pradesh. It was earlier known as Haripur. The city falls under the National Capital Region and functions as the headquarters of the Hapur district. The city had been under the dominance of the French and the British. It has always been known for its several fine groves that surround the city. The economy of Hapur depends upon the cultivation and trade of sugar, grain, bamboo, cotton and timber. Brass utensils are also manufactured in Hapur and exported. The city is being rapidly developed. The Hapur-Pilkhuwa Development Region is being set up with many colleges, schools and a research institute. Housing complexes are also being constructed with large amounts of investment from famous developers such as Ansal Housing Group, Eros Group, etc. The city has an approximate population of 2.5 lakh residents. Steady and rapid urbanization will make Hapur a much-coveted place to settle in.
The subsidiary of BOB consists of BOB Capital Markets which is a SEBI-registered investment banking company based in Mumbai, Maharashtra. It is an entirely owned subsidiary of Bank of Baroda. Another wholly-owned subsidiary is Bobcards Ltd, a credit card company. The company is in the business of acquiring business & providing back-end support for Debit cards operations to the bank. In the year 1984, Bank of Baroda had launched its first charged card named BOBCARD. The Credit card division of Bank of Baroda managed the complete process of plastic card. The Bobcards Limited was established in the year 1994 to meet the needs of rapidly growing credit card industry in a focused manner. The Bank of Baroda had received Best Bank award for Global Business Development in Public Sector in Polaris Financial Technology Banking Awards held in 2014. The bank had also received ASSOCHAM Social Banking Excellence Award in the Public Sector Banks category, after getting recognized for the significant initiatives taken by the Bank in social banking sphere. In the year 2014, the bank had been awarded for being The Most Efficient Public Sector Bank? in the Best PSUs of India by Dalal Street Investment Journal Awards. The bank became the first National Sponsor in FIFA Under 17 World Cup India.