Public sector lender, Bank of Baroda has plans to expand overseas. The bank is planning to open 13 branches outside the country in next six months.

The Chairman and Managing Director of the bank, Mr. M.D. Mallya said, "We have 87 branches now, and we plan to take the number of branches to 100 in six months."

In Malaysia, the bank is planning to form a consortium with Indian Overseas Bank and Andhra Bank for opening a branch. He said, "We have formed a subsidiary for the same, and we would open the branch in February."

The bank is also working to open a branch in Australia and has already got licence from the apex bank.