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Bank of Baroda launches initiatives to improve tractor financing

Bank of Baroda launches initiatives to improve tractor financing

🕔07:54, 19.Sep 2020

New Delhi, Sep 19 The Bank of Baroda on Friday announced three new initiatives towards improving credit penetration in farm mechanisation. The initiatives are focused on providing better financial service to farmers and empowering them towards farm mechanisation, the bank said

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SEBI fines SBI, LIC, BoB for violation of mutual fund norms

SEBI fines SBI, LIC, BoB for violation of mutual fund norms

🕔07:24, 15.Aug 2020

Mumbai, Aug 15  The Securities and Exchange Board of India (SEBI) on Friday imposed penalties of Rs 10 lakh each on the State Bank of India (SBI), the Life Insurance Corp of India (LIC) and the Bank of Baroda (BoB)

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Fitch revises outlook on 9 Indian banks to negative

Fitch revises outlook on 9 Indian banks to negative

🕔17:41, 22.Jun 2020

New Delhi, June 22 After downgrading India’s outlook to negative from stable, Fitch Ratings on Monday revised the outlook on nine Indian banks to negative. The outlook on the Long-Term Issuer Default Ratings (IDR) was revised to negative from stable

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BoB to reduce MCLR by 15 basis points across tenors

BoB to reduce MCLR by 15 basis points across tenors

🕔18:44, 10.Jun 2020

New Delhi, June 10  State-run lender Bank of Baroda on Wednesday said that it will reduce its benchmark lending rate across various tenors by 15 basis points. Accordingly, the bank will reduce its marginal cost of funds based lending rates

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BoB launches loan scheme for retail customers

BoB launches loan scheme for retail customers

🕔12:34, 8.Apr 2020

New Delhi, April 8  In the wake of COVID-19 pandemic, public sector lender Bank of Baroda has launched “Baroda Personal Loan COVID 19” for its existing retail loan customers (home loan, auto loan & loan against property). It will help

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Bank of Baroda raises Rs 920 cr on Basel III compliant bonds

Bank of Baroda raises Rs 920 cr on Basel III compliant bonds

🕔06:46, 4.Jan 2020

New Delhi, Jan 4  State-owned Bank of Baroda has raised Rs 920 crore by issuing Basel III compliant bonds on private placement basis. The issue opened on Thursday and closed the same day, saw a total of 11 allottees through

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Bank of Baroda’s consolidated Q1 net profit at Rs 710 cr

Bank of Baroda’s consolidated Q1 net profit at Rs 710 cr

🕔08:03, 26.Jul 2019

Mumbai, July 26  State-run lender Bank of Baroda on Thursday reported a consolidated net profit of Rs 710 crore for the first quarter of 2019-20, against a net loss of Rs 49 crore in the corresponding period of the previous

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Jobs safe, BoB assures Vijaya Bank employees post merger

Jobs safe, BoB assures Vijaya Bank employees post merger

🕔06:28, 2.Apr 2019

Bengaluru, April 2  As the parent bank post-merger, the public sector Bank of Baroda (BoB) on Monday assured employees of Vijaya Bank, which was also state-run, of job protection and security. “Interests of all Vijaya Bank employees will be protected

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BoB issues shares to Vijaya, Dena Bank shareholders

BoB issues shares to Vijaya, Dena Bank shareholders

🕔17:07, 1.Apr 2019

Mumbai, April 1  Bank of Baroda (BoB) has alloted Rs 52.42 crore worth of shares to the shareholders of the Vijaya Bank and Rs 24.84 crore shares to those of Dena Bank as the merger of the three banks came

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BoB-Dena-Vijaya Bank to be injected with Rs 5K cr

BoB-Dena-Vijaya Bank to be injected with Rs 5K cr

🕔07:02, 23.Mar 2019

New Delhi, March 23  The Bank of Baroda may get Rs 5,000 capital infusion from the Finance Ministry ahead of its united operations as a merged entity along with the Vijaya Bank and Dena Bank from April 1. In February,

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Bank of Baroda’s Q3 standalone net profit up over 320%

Bank of Baroda’s Q3 standalone net profit up over 320%

🕔10:08, 30.Jan 2019

Mumbai, Jan 30  State-run lender Bank of Baroda on Tuesday reported a robust rise of 320.54 per cent in its standalone net profit for the third quarter of 2018-19. According to the lender, the net profit during the quarter under

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BoB finalises share swap ration for Dena, Vijaya Bank

BoB finalises share swap ration for Dena, Vijaya Bank

🕔11:08, 3.Jan 2019

Mumbai, Jan 3  Lending major Bank of Baroda (BoB) on Wednesday finalised the equity share exchange ratio for amalgamation of Dena Bank and Vijaya Bank, subject to statutory regulatory approval. According to a BSE filing, BoB will swap its 402

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Bank of Baroda’s Q1 net profit up 160%

Bank of Baroda’s Q1 net profit up 160%

🕔07:20, 28.Jul 2018

Mumbai, July 28  State-run lender Bank of Baroda on Friday reported an exponential rise of 160.10 per cent in its standalone net profit for the first quarter of 2018-19 aided by lower provisioning for non-performing assets (NPAs). According to the

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Bank of Baroda raises MCLR across various tenures

Bank of Baroda raises MCLR across various tenures

🕔09:20, 6.Jun 2018

Mumbai, June 6  State-owned Bank of Baroda on Tuesday said it will hike its benchmark marginal cost of funds based lending rate (MCLR) by 5 basis points, across various tenures from June 7. “The bank’s 1-year MCLR will be 8.45

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Bank of Baroda Q3 net down to Rs 111.78 cr

Bank of Baroda Q3 net down to Rs 111.78 cr

🕔09:54, 10.Feb 2018

Mumbai, Feb 10  Public sector Bank of Baroda on Friday said it closed the third quarter of the current fiscal with a net profit of Rs.111.78 crore, down from Rs 252.67 crore posted for the same quarter of the previous fiscal.

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Bank of Baroda to reduce base rate from October

Bank of Baroda to reduce base rate from October

🕔10:02, 29.Sep 2017

Mumbai, Sep 29  State-owned lender Bank of Baroda on Thursday said that it will reduce its base rate by 0.35 per cent. According to a BSE filing, the bank will reduce its base rate to 9.15 per cent per annum

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Bank of Baroda posts net profit of Rs 154.72 cr in Q4

Bank of Baroda posts net profit of Rs 154.72 cr in Q4

🕔10:04, 19.May 2017

Mumbai, May 19  State-run Bank of Baroda on Thursday reported a net profit of Rs 154.72 crore for the quarter ended March 31, as compared to a net loss of Rs 3,230.14 crore for the same period a year ago.

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Bank of Baroda posts record Rs.3,342.04 crore loss in Q3

Bank of Baroda posts record Rs.3,342.04 crore loss in Q3

🕔10:11, 15.Feb 2016

Mumbai, Feb 15  Public sector lender Bank of Baroda on Saturday said it posted a net loss of Rs.3,342.04 crore for the quarter ending December 31, 2015 against a net profit of Rs.333.98 crore posted in the same period of the

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RBI slaps penalty of Rs.50 lakh on ICICI Bank, Rs.25 lakh on BoB

RBI slaps penalty of Rs.50 lakh on ICICI Bank, Rs.25 lakh on BoB

🕔10:10, 18.Dec 2014

New Delhi, Dec 18  The Reserve Bank of India (RBI) Wednesday imposed a penalty of Rs.50 lakh on ICICI Bank and Rs.25 lakh on Bank of Baroda for violation of KYC norms, a statement issued by the apex bank said.

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