The merger entity of Vijaya Bank, Dena Bank and Bank of Baroda will become the third largest lender in India.
30 Sep 2018 3:15 PM
Last week, government had announced merger of BoB, Vijaya Bank and Dena Bank to create the country's second largest lender.
25 Sep 2018 5:37 PM
The merged bank may need additional tier 1 capital depending on internal accruals for FY19.
20 Sep 2018 6:05 PM
The merger will create India’s third largest bank, with total business worth Rs 14.82 lakh crores.
20 Sep 2018 1:45 AM
Shares of Bank of Baroda dived 13.76 per cent to Rs 116.50 and Vijaya Bank lost 2.59 per cent to Rs 58.25.
18 Sep 2018 12:55 PM
The merged entity will have a market share of about 6.8 per cent by loans, according to data as of March 2018.
18 Sep 2018 10:58 AM
Merged entity will be 3rd largest bank after SBI and PNB in terms of size, deposits and will continue to receive capital support from govt.
18 Sep 2018 10:29 AM
The merged entity will have a combined business of Rs 14.82 lakh crores, with 10,000 branches and around 85,000 employees.
18 Sep 2018 1:04 AM
The rise in MCLR will make home, auto and other loans costlier for customers.
05 Sep 2018 4:30 PM
PNB lead the pack with bad loans rising about 56%.
13 Aug 2018 12:30 AM
Shares of the company soared 9.92 per cent to close at Rs 151.75 on the BSE.
30 Jul 2018 7:11 PM
The bank had reported a net profit of Rs 203.39 crore in the same quarter of 2017-18.
28 Jul 2018 2:15 PM
MD Mallya served as the chairman of Bank of Baroda before joining the ICICI Bank board as an independent director.
21 Jun 2018 12:49 PM
The Bank's 1-year MCLR will be 8.45 per cent, which is competitive as per the current market scenario.
06 Jun 2018 10:04 AM
Asset quality of the bank worsened as gross non-performing assets or bad loans surged.
04 Jun 2018 2:09 PM
The amount swelled to Rs 3,695 crore, including the accrued interest, because of repeated defaults on payment, the officials said.
21 May 2018 9:24 PM
Accused firm cheated bank by manipulating sanctioned credit limits of its subsidiary.
12 May 2018 4:19 AM
A new step forward in commencing Bancassurance services for MSMEs was taken.
02 Apr 2018 4:36 PM
In the Rotomac case, the CBI said that seven banks gave loans worth Rs 2,919 crore to the company from 2008 onwards.
27 Feb 2018 1:25 AM
Bank of Baroda shares were trading 2.5 per cent lower by 0926 GMT in a Mumbai market that was 0.8 per cent up.
12 Feb 2018 4:43 PM