Bank Of Baroda

Thursday, Apr 18, 2024 | Last Update : 04:22 PM IST

Union Finance Miniter Nirmala Sitharaman (PTI)

Govt to bring amendments to two Acts to enable privatisation of PSU banks

Finance Minister announced privatisation of Public Sector Banks (PSBs) as part of disinvestment drive to garner Rs 1.75 lakh crore

16 Feb 2021 10:42 PM

Sebi imposes Rs 10 lakh fine on Bank of Baroda. (PTI Photo)

Mutual fund norms violation: Sebi imposes Rs 10 lakh fine on Bank of Baroda

Whole time member of the Sebi had earlier directed the bank to comply with the guidelines on or before December 31, 2020, the filing said

17 Aug 2020 5:12 PM

The scrip jumped 5.43 per cent to Rs 98.90 on the BSE.

Bank of Baroda shares jump over 5 pc on higher Q2 earnings

The bank had posted a net profit of Rs 425.38 crore in the corresponding quarter of the previous financial year.

11 Nov 2019 12:09 PM

Gross NPA ratio were at 10.25 per cent and net NPA was 3.91 per cent.

Bank of Baroda net profit jumps to Rs 737 cr on higher NII

The bank had reported a profit after tax of Rs 149 crore in the same period last year on a standalone basis.

09 Nov 2019 12:36 PM

Shares of Bank of Baroda were trading 4 per cent lower against their previous close at Rs 97.20 apiece on BSE.

BoB committee to meet next week to consider raising funds

The bank, however, did not elaborate on the quantum of funds it plans to raise.

13 Sep 2019 10:54 AM

Banks shares closed 1.24 per cent down at Rs 91.45 on BSE.

Bank of Baroda to raise up to Rs 1,132 cr under ESP scheme

The decision was taken by the compensation committee of the board at its meeting held on Tuesday.

04 Sep 2019 10:00 AM

The bank, however, did not elaborate of quantum of funds it is plans to raise.

BOB capital raising committee to meet next week to consider bond issue

Shares of Bank of Baroda were trading 0.86 per cent lower at Rs 97.90 apiece on BSE.

21 Aug 2019 11:46 AM

State Bank of India (SBI) cuts its one year MCLR by 5 bps points to 8.40 per cent.

How SBI, ICICI Bank cut MCLR will affect your home loans EMIs? read

A cut of 5-10 bps will not take down home loan interest rate instantly for the existing home loan borrower.

24 Jul 2019 1:21 PM

In the farming category, the bank proposes to offer products such as agri crop loan, farm machinery, equipment seeds and fertilisers.

Bank of Baroda to foray into e-commerce business

The bank said it will offer various kinds of banking services and farm-related products on its e-commerce platform.

11 Jul 2019 3:15 PM

Some banks have begun reducing their lending rates albeit marginally despite the RBI cutting its key policy rate by 25 basis points last month. (Representational image)

Banks make token rate cuts

On Tuesday, State Bank of India announced a cut in its marginal cost of funds-based lending rate (MCLR) by 5 bps across all tenors effective July 10.

10 Jul 2019 2:48 AM

It has been decided to raise size of ESPS scheme to 15 crore shares with a face value of Rs 2 each as against 10 crore shares proposed in January this year. (Photo: Representational/PTI)

BoB proposes to raise Rs 11,900 cr through share sale in FY'20

The bank expects to garner Rs 1,500 crore from Bank of Baroda Employee Share Purchase Scheme.

02 Jun 2019 5:23 PM

"The bank recorded loss on a standalone basis of Rs 991 crore for fourth (quarter of) 2018-19 due to acceleration in provisions," Bank of Baroda said in a regulatory filing. Photo: Representational)

Bank of Baroda narrows Q4 loss to Rs 991 cr, NPA provisions at Rs 5,550 cr

Compared sequentially, there was a net profit of Rs 471.25 crore during the third quarter ended December 2018.

23 May 2019 9:00 AM

The consolidated entity started the operation with a business mix of over Rs 15 lakh crore on the balance sheet, with deposits and advances of Rs 8.75 lakh crore and Rs 6.25 lakh crore.

Merger impact: BoB looks to rationalise 800-900 branches

After comprehensive review, BoB has identified 800-900 branches which needs to be rationalised.

19 May 2019 2:00 PM

Similarly, for one-month and three-month tenors the interest rates have been increased to 8.35 per cent and 8.45 per cent, respectively.

Bank of Baroda hikes MCLR by 0.05 pc

BoB has hiked the lending rates for overnight tenor to 8.30 per cent from the previous 8.25 per cent.

04 May 2019 3:03 PM

The partnership will allow SEFL and Bank of Baroda to collaborate, co-operate and widen their respective markets and customer base (Photo: Pixabay)

Srei finance arm ties up with BoB for infra loans

BoB, Srei teamed up to offer joint loans for infra equipment under a co-lending arrangement.

19 Apr 2019 2:34 AM

State-owned Bank of Baroda (BoB) is likely to complete the process of merger of Dena Bank and Vijaya Bank with it in two years, said a senior official of BoB.

Bank of Baroda to hire consultancy firm to evaluate board performance

The consultancy firm would be tasked to define the 'Board Vision' as an outcome of the board alignment workshop.

14 Apr 2019 4:57 PM

BoB now has over 9,500 branches, 13,400 ATMs, 85,000 employees to serve 12 crore customers.

Bank of Baroda becomes second largest PSU bank after SBI

BoB completed share allotment to shareholders Dena Bank and Vijaya Bank as per the scheme of amalgamation.

01 Apr 2019 12:49 PM

According to the Scheme of Amalgamation, shareholders of Vijaya Bank will get 402 equity shares of BoB for every 1,000 shares held. In the case of Dena Bank, its shareholders will get 110 shares of BoB for every 1,000 shares they held.

Branches of Vijaya, Dena Bank to function as BoB outlets from April 1: RBI

Earlier this week, government decided to infuse Rs 5,042 crore in BoB to enhance its capital base ahead of merger.

31 Mar 2019 12:29 PM

A bench of Justices R F Nariman and Vineet Sharan said, "All interlocutory applications seeking stay are dismissed". (Photo: File | ANI)

SC refuses to stay merger of Vijaya, Dena banks with BOB

Supreme Court dismissed the applications filed by several bank officers' associations for staying the merger, effective April 1.

28 Mar 2019 6:43 PM

PFC has raised money from Bank of Baroda, Life Insurance Corporation and State Bank of India, among others, to make the payment.

PFC completes REC acquisition, pays Rs 14,500 cr to government

The transaction has helped the government meet its disinvestment target of Rs 80,000 crore for the current financial year.

28 Mar 2019 2:30 PM

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Syed Ata Hasnain

bank of baroda