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Sat, Jan 27, 2024
Bank of Baroda Q3 FY24 Results Preview: State-run lender Bank of Baroda is estimated to report a 9.0 per cent year-on-year increase in standalone net profit to Rs 4,200 crore for the October-December period, according to Zee Business research.
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Mon, Jan 15, 2024
According to IDBI Capital Markets, although economic momentum likely continued in the October-December period, the RBI’s regulatory action on unsecured portfolios could play spoilsport for the BFSI sector as a whole.
Mon, Jan 08, 2024
Bank of Baroda (BANKBARODA) shares were under pressure on Monday after the PSU lender released a business update for the October-December period.
Tue, Feb 07, 2017
NPCI expects all public sector banks to join its recently launched BHIM platform by the end of February this year.
Thu, Jan 26, 2017
State-run Bank of Baroda today launched EMI facility for its debit card holders to purchase electronics and consumer durables products.
Wed, Jan 11, 2017
Presently, other banks charge around Rs 5000-Rs 10,000 to switch loans rate to new loan rate.
Thu, Jan 05, 2017
Following other banks rate cut moves, Bank of Baroda and Bank of Maharashtra have lowered their home loan rates across tenors on Thursday.
Wed, Dec 14, 2016
Rajat Gandhi said“We are positive that the recent boost to non-cash payments will increase digitisation in every area of financial services including lending. With proper awareness and regulations, the sector can see an exponential growth in coming years and reduce a lot of burden from the banking sector too.”
Tue, Dec 06, 2016
Flushed with deposits, state-owned Bank of Baroda (BoB) on Tuesday cut benchmark lending rates by 0.2%. The new marginal cost of funds based lending rate (MCLR) will be effective from November 1, BoB said.
Tue, Oct 11, 2016
Stock breadth has been positive in the current calendar year so far, with 36 Nifty shares trading higher.
Mon, Sep 05, 2016
This IPO may allow a partial exit of the four sponsors in equal proportions.
Sat, Aug 13, 2016
Reserve Bank has authorised various bank branches, including those of SBI, ICICI, HDFC Bank, PNB and Bank of Baroda, to collect income tax dues in advance for the September quarter.
Thu, Aug 11, 2016
The total income decreased from Rs 12243.7 crore in Q1FY16 to Rs 11877.9 crore in Q1FY17, a decline of 2.9%.
Mon, Jul 25, 2016
The Reserve Bank of India (RBI) on Monday has imposed penalties of total Rs 7 crore on Bank of Baroda and HDFC Bank on the back of irregularities it found in both banks. The central bank has imposed penalities on the two banks under Section 35 (1A) of the Banking Regulation Act, 1949.
Mon, Jul 18, 2016
Finance Ministry is planning to merge other public sector banks to reduce their number to 10.
Sun, Jul 10, 2016
Banking operations could be hit for two days this week as a section of public sector bank employees have threatened to go on a nationwide strike beginning July 12 to protest against the proposed merger of SBI associates and privatisation of IDBI Bank.
Sun, Jun 26, 2016
To raise capital, the bank will be selling its non-core assets gradually.
Tue, Jun 14, 2016
The scrip of Punjab National Bank (PNB) surged 5.18%, Bank of India rose by 3.14%, Bank of Baroda climbed 2.43% on the Bombay Stock Exchange (BSE).
Thu, Jun 09, 2016
As the news of a marginal farmer`s accounts being frozen for being a `guarantor` to Mallya`s loan spread, the bank admitted to the inadvertent mistake.
Marginal Cost Funds-based Lending Rate (MCLR) is the new methodology to calculate interest rate on advances.
Tue, Jun 07, 2016
Banking stocks rise as Rajan decides to maintain status quo. The S&P BSE Bankex rose nearly 1% on Tuesday as Raghuram Rajan, Governor, Reserve Bank of India (RBI), decided to keep repo rate unchanged at 6.5%.
Sun, May 29, 2016
With the addition, the total number of ATMs of public sector banks increased to 1,42,557 at March-end.
Sat, May 21, 2016
It seems like not only Indian banks but even a local farmer in Pilibhit, a district in Uttar Pradesh, is displeased for being associated with Vijay Mallya.
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