New Delhi, June 13 :     Bank of Baroda (BoB) will soon shortlist a consultant to work out details for its insurance foray. Chairman P. S. Shenoy said, 'We have invited applications for a consultant and they will be appointed shortly.' The consultant would assist the bank in taking a decision on whether its insurance foray would be in the life or the non-life sector, as well as identify suitable joint venture partners. He hoped that the bank's insurance plans would be in place within the next three months. The bank may also consider going in for a three-way joint venture with one foreign and local partner.