Back to homepage

Tag "bob"

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

Read Full Article
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

Read Full Article
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

Read Full Article
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

Read Full Article
Despite stay on BOB, Indian Bank classifies loan exposure to Reliance Home Finance as fraud

Despite stay on BOB, Indian Bank classifies loan exposure to Reliance Home Finance as fraud

🕔15:47, 25.Sep 2020

New Delhi, Sep 25  Despite a stay by Delhi High Court on Bank of Baroda as the lead bank, Indian Bank has classified its loan exposure to Reliance Home Finance as fraud. Indian Bank has classified its exposure to Reliance

Read Full Article
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

Read Full Article
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

Read Full Article
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

Read Full Article
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

Read Full Article