Bank Of Baroda | The Asian Age

Friday, Apr 26, 2024 | Last Update : 11:17 AM IST

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The merger of Dena Bank and Vijaya Bank with BoB would be effective from April 1.

Govt to infuse Rs 5,042 crore into Bank of Baroda

The capital infusion will be by way of preferential allotment of equity shares of the bank during FY2018-19.

28 Mar 2019 12:02 PM

Digital platform will give an holistic approach towards solving agricultural plights by means of providing reliable and customised information.

BoB to develop agri-digital platform; inks 6 MoUs

The agri-digital platform will be executed by IT Centre of Excellence (ITCoE) of Bank of Baroda in partnership with IBM India.

26 Mar 2019 4:25 PM

The new rates are effective from March 7, BoB said in a regulatory filing.

Bank of Baroda slashes lending rate by 10 basis points

The rate cut comes a month after Reserve Bank slashed key lending rate by 0.25 percentage points to 6.25 per cent.

05 Mar 2019 6:24 PM

Former Finance Secretary Hasmukh Adhia. (Photo: File)

Govt appoints Hasmukh Adhia as chairman of Bank of Baroda

Bank of Baroda is set to become third largest lender of the country after amalgamation with Vijaya and Dena Bank effective April 1.

02 Mar 2019 12:47 PM

BoB ties up with German KfW for USD 130m to refinance solar units

The tie-up is part of an Indo-German Solar Energy Partnership signed in 2015, an official statement on Friday.

23 Feb 2019 11:24 AM

As per the Scheme of Amalgamation, shareholders of Vijaya Bank will get 402 equity shares of BoB for every 1,000 shares held. (Photo: File)

Merger of Vijaya Bank and Dena Bank with BoB to be effective from Apr 1

This scheme may be called the Amalgamation of Vijaya Bank and Dena Bank with Bank of Baroda Scheme, 2019, BoB said.

21 Feb 2019 2:12 PM

Govt is likely to assess the quarterly results of the PSBs before announcing another tranche of capital infusion. (Photo: FIle)

BoB may get Rs 7,000-8,000 crore ahead of merger rollout

The government announced enhanced capital infusion of Rs 1.06 lakh crore in the current fiscal.

16 Jan 2019 11:09 AM

The scrip of Bank of Baroda, however, gained 3.30 per cent to Rs 123.35.

Dena Bank, Vijaya Bank shares tank; BoB rises

The boards of the three banks have also cleared the share-swap ratio for the proposed amalgamation.

03 Jan 2019 1:03 PM

The merger has been designed to make BoB as merged entity, a globally competitive lender, Prasad added.

Cabinet clears merger of Dena Bank, Vijaya Bank with BoB

With the merger, BoB will become the third largest bank after State Bank of India and ICICI Bank.

03 Jan 2019 10:34 AM

The merger has been designed to make Bank of Baroda as merged entity, a globally competitive lender, Ravi Shankar Prasad said. (Photo: File)

Cabinet clears merger of Dena Bank, Vijaya Bank with Bank of Baroda

With the merger, Bank of Baroda will become third largest bank after State Bank of India and ICICI Bank.

02 Jan 2019 6:13 PM

The government in March 2017 allowed public sector banks to offer stock options to their employees.

BoB shareholders to meet next month to consider capital raise under ESPS

Out of the total capital raising plan for 2018-19, the bank's board has decided to issue up to 10 crore shares.

26 Dec 2018 3:02 PM

The union is also opposing the government proposal to merge Bank of Baroda, Vijaya Bank and Dena Bank.

PSB officers on strike, protesting merger, seeking wage hike

Around 3.20 lakh officers from various state-run banks have called for a one-day strike.

21 Dec 2018 4:05 PM

Opposing the merger of these 3 banks, nearly 10 lakh bank employees and officers would take part in the nation-wide srike on Dec 26.

Merger of BoB, Dena bank and Vijaya bank unwarranted: AIBEA

After merger of the six banks with SBI, the non-performing assets have further gone upto Rs 2.25 lakh crore.

15 Dec 2018 5:03 PM

The strike will be organised by the United Forum of Bank Unions (UFBU), an umbrella body of nine employee and officer unions. (Representational image)

Bank unions threaten nationwide strike on December 26

Bank unions called strike to protest the proposed merger of Bank of Baroda, Dena Bank and Vijaya Bank.

01 Dec 2018 3:20 PM

The Bank Nationalisation Act will need to be amended to facilitate the merger of the three banks.

BoB, Dena, Vijaya Bank to start operations from April 1

The merger will create India’s third largest bank with a total biz of over Rs 14.82 lakh crore.

29 Nov 2018 10:51 AM

The board of directors of the bank is scheduled to meet on November 29, 2018.

BoB board to consider allotment of shares to staff next week

The scheme also aims at providing better incentives besides being a means of capital raise.

22 Nov 2018 6:41 PM

The rate on deposits with tenor of 5-8 years and 8-10 years has been increased to 6.5 per cent from 6 per cent. (Photo: YouTube)

HDFC Bank hikes deposit rates; BoB raises lending rate

HDFC Bank raised interest rates on deposits by up to 0.5 pc, while Bank of Baroda hiked lending rates by 0.1 pc.

07 Nov 2018 10:43 AM

The boards of all the three banks have approved (the merger proposal) and sent the recommendations to the government.

BoB, Vijaya Bank, Dena Bank merger plan sent for govt note

Merger of the three banks would be through share swap, which will be the part of the scheme of merger.

10 Oct 2018 11:25 AM

Bank of Baroda on Tuesday said it's loan account to debt-laden Infrastructure Leasing and Financing Services (IL&FS) continues to remain standard at present.

IL&FS loan account remains standard, says Bank of Baroda

The state-run lender said it continues to lend to non-banking financial companies and housing finance companies.

09 Oct 2018 7:00 PM

After getting approvals from their respective boards, state-run Bank of Baroda, Vijaya Bank and Dena Bank have sent the proposal to merge all the three lenders to the government for a final approval, a top bank official said.

Bank of Baroda, Vijaya Bank, Dena Bank send merger proposal for govt nod

The boards of all the three banks have approved the merger proposal and sent the recommendations to the government.

09 Oct 2018 5:27 PM

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Sunil Gatade