Ranjan assumed his current role in January 2021. He was previously general manager for the bank in Mumbai. As of December 2022, the Bank of Baroda’s U.A.E. branches had $4.8 billion in assets. The Bank of Baroda opened its first branch in the U.A.E, in Dubai, in 1974. Today it has five branches in the country and is the only Indian Bank with a full-fledged banking operations license from the central bank.