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
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)
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
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
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
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
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
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
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
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,
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
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
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
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
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.
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
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.
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
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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