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Defence Ministry signs MoU with Bank of Baroda, HDFC Bank to expand SPARSH initiative

Defence Ministry signs MoU with Bank of Baroda, HDFC Bank to expand SPARSH initiative

🕔19:46, 21.Sep 2022

New Delhi, Sep 21 (IANS) The Defence Accounts Department of Ministry of Defence, signed a Memorandum of Understanding (MoU) on Wednesday with Bank of Baroda and HDFC Bank to take them onboard as Service Centres under the System for Pension Administration

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Reduction in rice & pulses sown area a problem to be monitored: Bank of Baroda

Reduction in rice & pulses sown area a problem to be monitored: Bank of Baroda

🕔17:27, 20.Sep 2022

Chennai, Sep 20 (IANS) The reduction in rice and pulses sown area during the Kharif sowing season can be problematic, said the Bank of Baroda in a research report. “Sown area of Kharif crops is marginally lower compared with last year.

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Bank of Baroda to raise up to Rs 2,500 cr via Basel-III AT1 bonds on Aug 30

Bank of Baroda to raise up to Rs 2,500 cr via Basel-III AT1 bonds on Aug 30

🕔12:50, 26.Aug 2022

Mumbai, Aug 26 (IANS) Bank of Baroda is planning to raise up to Rs 2,500 crore through Basel-III Additional Tier-I (AT1) bonds on August 30, a source close to the development told IANS on Friday. The auction for the additional tier-I

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Turnover/fixed assets ratio mixed for Indian industries: Bank of Baroda

Turnover/fixed assets ratio mixed for Indian industries: Bank of Baroda

🕔06:40, 25.Aug 2022

Chennai, Aug 25 (IANS) The capacity utilisation of Indian industries shows mixed results for FY22 when compared to FY19 when the ratio of turnover to gross fixed assets (GFA) is taken into account, a Bank of Baroda study said. An improvement

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Net profit of banks rose 37.1% to Rs 44,048 cr in Q1FY23: BoB report

Net profit of banks rose 37.1% to Rs 44,048 cr in Q1FY23: BoB report

🕔07:23, 19.Aug 2022

Mumbai, Aug 19 (IANS) The net profit of the banks rose by 37.1 per cent year-on-year to Rs 44,048 crore in the first quarter of the current financial year, according to a Bank of Baroda research report. The net profit of

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Interest coverage ratio in FY23 is likely to deteriorate: Bank of Baroda study

Interest coverage ratio in FY23 is likely to deteriorate: Bank of Baroda study

🕔14:51, 10.Aug 2022

Mumbai, Aug 10 (IANS) The interest payments of the companies is going to increase going forward because interest rates are expected to go up in the rising rate cycle where the Reserve Bank of India (RBI) has already front loaded 140

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Bank of Baroda to raise Rs 1,000 cr via infrastructure & affordable housing bonds

Bank of Baroda to raise Rs 1,000 cr via infrastructure & affordable housing bonds

🕔12:06, 6.Aug 2022

Mumbai, Aug 6 (IANS) Bank of Baroda, the second largest state-owned bank, is planning to raise Rs 1,000 crore through issuance of infrastructure and affordable housing bonds on August 12, a source close to the development told IANS. “The likely tenure

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Bank of Baroda’s net profit rises 79.3% YoY to Rs 2,168cr

Bank of Baroda’s net profit rises 79.3% YoY to Rs 2,168cr

🕔17:17, 31.Jul 2022

Mumbai, July 31 (IANS) State-owned lender Bank of Baroda reported a sharp rise of 79.3 per cent in its standalone net profit to Rs 2,168 crore in the first quarter of the financial year 2022-23, as compared to Rs 1,209 crore

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Investment climate in India not-broad based, reduced uncertainty needed: Bank of Baroda

Investment climate in India not-broad based, reduced uncertainty needed: Bank of Baroda

🕔07:07, 28.Jul 2022

Chennai, July 28 (IANS) The investment scenario in India is one of cautious movement in some sectors and not broad-based, the Bank of Baroda said in a report. According to the bank report, it will take the next few quarters to

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Bank of Baroda hikes interest rates on term, savings deposits

Bank of Baroda hikes interest rates on term, savings deposits

🕔18:20, 15.Jun 2022

Bank of Baroda has hiked fixed deposit interest rates on domestic term deposits, including NRO and NRE Term Deposits, of below Rs 2 crore by up to 40 basis points. New Delhi, June 15 (IANS) Bank of Baroda has hiked fixed

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Bank of Baroda nod to funding Amrapali projects, SC asks other banks to follow suit

Bank of Baroda nod to funding Amrapali projects, SC asks other banks to follow suit

🕔07:56, 8.Mar 2022

In a relief for several thousand home buyers, the Supreme Court on Monday directed the consortium of banks to follow the footsteps of Bank of Baroda, which has issued a sanction order to grant funding for the stalled Amrapali housing

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SBI, Bank of Baroda shares rise amid weak broader mkt sentiment

SBI, Bank of Baroda shares rise amid weak broader mkt sentiment

🕔18:17, 7.Feb 2022

New Delhi, Feb 7 (IANS) Shares of some banks in the PSU segment swam against the current on Monday and traded sharply in the green on the back of improved asset quality in terms of NPAs, said analysts. Also, the Centre

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Bank of Baroda’s Q3 net profit doubles to over Rs 2K cr YoY

Bank of Baroda’s Q3 net profit doubles to over Rs 2K cr YoY

🕔11:03, 6.Feb 2022

Mumbai, Feb 6 (IANS) Bank of Baroda on Saturday reported that its standalone net profit for the third quarter of FY22 doubled on a year-on-year basis. Accordingly, the net profit rose to Rs 2,197 crore from Rs 1,061 crore during the

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Bank of Baroda’s Q2FY22 net profit rises over 24% YoY

Bank of Baroda’s Q2FY22 net profit rises over 24% YoY

🕔08:14, 11.Nov 2021

Mumbai, Nov 11 (IANS) State-run lender Bank of Baroda on Wednesday reported a rise of 24.39 per cent in its Q2FY22 net profit on a year-on-year basis. Itse net profit rose to Rs 2,088 crore from Rs 1,679 crore reported for

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Moody’s revises outlook for Indian banking system to stable from negative

Moody’s revises outlook for Indian banking system to stable from negative

🕔13:35, 19.Oct 2021

Mumbai, Oct 19 (IANS) Moody’s has revised the outlook for the Indian banking system to stable from negative suggesting that the deterioration of asset quality since the onset of the coronavirus pandemic has been moderate and an improving operating environment will

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BoB reduces Baroda Repo Linked Lending Rate by 10 bps

BoB reduces Baroda Repo Linked Lending Rate by 10 bps

🕔06:57, 16.Mar 2021

New Delhi, March 16  Bank of Baroda, India’s third largest public sector bank, on Monday reduced Baroda Repo Linked Lending Rate (BRLLR) from 6.85 per cent to 6.75 per cent, effective from March 15. The cut is expected to impact

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Bank of Baroda lead lender of Reliance Home Finance Limited representing 34 banks and institutions drags Shapoorji Pallonji Group to Delhi High Court

Bank of Baroda lead lender of Reliance Home Finance Limited representing 34 banks and institutions drags Shapoorji Pallonji Group to Delhi High Court

🕔21:01, 4.Mar 2021

New Delhi, March 4  Bank of Baroda (BoB), the lead lender of Reliance Home Finance Limited representing 34 banks and institutions has dragged SP Group to Delhi High Court. BoB alleges that SP Group has refused to join the resolution

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Bank of Baroda’s Q3FY21 net profit at Rs 1,061 cr

Bank of Baroda’s Q3FY21 net profit at Rs 1,061 cr

🕔08:03, 28.Jan 2021

Mumbai, Jan 28  State-owned lender Bank of Baroda on Wednesday reported a net profit of Rs 1,061 crore for the third quarter of FY21. The bank had posted a net loss of Rs 1,407 crore during the corresponding period of

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Bank of Baroda reduces lending rate by 15 bps to 6.85%

Bank of Baroda reduces lending rate by 15 bps to 6.85%

🕔17:13, 1.Nov 2020

New Delhi, Nov 01  Bank of Baroda, India’s third largest public sector bank, announced a reduction in Baroda Repo Linked Lending Rate (BRLLR) from seven per cent to 6.85 per cent. The rate cut would be effective from November 1,

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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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