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Vijaya Bank gives nod to proposal of merger with Bank of Baroda, Dena Bank

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

Moody's retains Bank of Baroda rating after merger announcement

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

BoB, Vijaya Bank, Dena Bank merger may cause short-term spurt in bad assets

The merged bank may need additional tier 1 capital depending on internal accruals for FY19.

20 Sep 2018 6:05 PM

Merger of 3 banks: Danger lies ahead

The merger will create India’s third largest bank, with total business worth Rs 14.82 lakh crores.

20 Sep 2018 1:45 AM

Dena Bank surges 20 pc; BoB tumbles 14 pc post merger announcement

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

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Merger of BoB, Vijaya, Dena Bank to improve efficiency, governance: Moody's

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

Vijaya, Dena, Bank of Baroda in 3-way bank merger

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

Dena Bank, Vijaya Bank and Bank of Baroda to be merged, says govt

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

Bank of Baroda hikes MCLR by 5 bps across tenors

The rise in MCLR will make home, auto and other loans costlier for customers.

05 Sep 2018 4:30 PM

PSBs see GNPAs rise by Rs 1,54,470 crore in FY18

PNB lead the pack with bad loans rising about 56%.

13 Aug 2018 12:30 AM

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Bank of Baroda shares zoom over 10 per cent post Q1 results

Shares of the company soared 9.92 per cent to close at Rs 151.75 on the BSE.

30 Jul 2018 7:11 PM

Bank of Baroda net profit up over two-times at Rs 528 crore

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

ICICI Bank may appoint MD Mallya as its new chairman, says report

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

Bank of Baroda reviews lending rates

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

Govt plans merger of four public sector banks to overcome losses

Asset quality of the bank worsened as gross non-performing assets or bad loans surged.

04 Jun 2018 2:09 PM

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CBI files chargesheet against Rotomac owners in bank fraud case

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

Karnal firm cheats PSU bank of Rs 155 crore

Accused firm cheated bank by manipulating sanctioned credit limits of its subsidiary.

12 May 2018 4:19 AM

SIDBI launches virtual assistant, bankability kit to assist MSMEs

A new step forward in commencing Bancassurance services for MSMEs was taken.

02 Apr 2018 4:36 PM

Vikram Kothari cites 21 ailments to get home food in CBI custody

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 sees performance recovery strengthening from October

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

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