Kollam, formerly known as Desinganadu, is an old seaport and a thriving city in the Indian state of Kerala. It is a port city along the Laccadive Sea coast. Mar Sabor, an East Syriac bishop, had founded the Kollam Port. The city is situated on the banks of the Ashtamudi Lake. In ancient times, Kollam had a strong commercial relationship with the Chinese. Kollam city ranks 5th in the country and 3rd in Kerala in terms of per capita income and economic performance. The port city has an excellent export background. Fishing and dairy farming largely contribute to the citys economy. The government is about to establish a fishing harbor in the vicinity of the city in order to increase the fish production. Fisheries, hatcheries, turkey and poultry farms are also plentiful in the city. The city also has a rich mineral base. The sands on the beaches and the entire area has a good amount of heavy minerals such as Ilmenite, Monosite, Rutile and Zircon, which can be used for industrial purposes. There are limestone deposits and bauxite in and around the city. Kollam is often called the "Cashew Capital of the World", as the city is noted for its traditional cashew business. This city is a microcosm of Kerala and its residents are from various religious, ethnic and linguistic groups.
The Bank of Baroda started in 1908 from a small building in Baroda and expanded to the hi-tech corporate office in Baroda or Vadodara while spreading across 25 countries. The mission of the BOB is to be on the top ranks of international standards and remain committed to expanding the stakeholders value by taking care of them. The logo is a unique depiction of a universal symbol. It consists of a double B letter which holds the rays of the rising sun which is called as Baroda Sun. The Sun depicts the dominant source of light and energy which replace the darkness with light. The Bank of Baroda also refers the bank as the source of light which helps the stakeholders in realizing their goals. The single color has been carefully chosen because of its uniqueness as it stands for hope and energy. The Maharaja of founded the Bank of Baroda on 20th July 1908. The bank had been designated as the primary profit-making public sector undertakings or PSUs after getting nationalized by the GOI on 19th July 1969 along with 13 other commercial banks.