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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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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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