Page 3 of Bank of Baroda

Bank of Baroda raises Rs 2,500 crore via tier-II bonds

These bonds are unsecured, listed, rated, subordinated, non-convertible, taxable, redeemable having a tenor of 10 years from deemed date of…

February 22, 2024 20:43 IST

Large banks target double-digit growth in corporate loan book

While lenders earlier pre-dominantly focused on just financing corporates, they are also focusing on more fee income from such entities…

November 14, 2023 00:10 IST

PSU banks continue to be bullish on lateral hiring from private sector

This comes in the backdrop of the recent ‘bob World’ controversy wherein Bank of Baroda (BoB) has claimed that it…

November 10, 2023 00:30 IST

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BoB world app fiasco: Bank MD says sacked CDO; Handa claims he resigned

FE had reported last month that BoB had suspended multiple senior officials, including AGMs and GMs, business correspondents and consultants,…

November 5, 2023 05:45 IST

Bank of Baroda PAT rises 28% Y-o-Y on strong advances

The bank’s domestic gross advances rose nearly 17% year-on-year to Rs 8.3 trillion as on September 30, aided by a…

November 5, 2023 04:15 IST

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BoB classifies loans to Go First as NPA

The bank has also made additional provisions to strengthen the balance sheet.

November 5, 2023 02:30 IST

Bank of Baroda offers zero balance ‘bob LITE Savings Account’ with lifetime-free credit, debit cards

bob LITE Savings Account’ details: Bank of Baroda (BoB) has introduced bob LITE Savings Account, which is a Lifetime Zero…

October 27, 2023 13:37 IST

Bank of Baroda turns the heat on business correspondents

The Reserve Bank of India (RBI) on October 10 barred BoB from onboarding new customers on its flagship ‘BoB World’…

October 20, 2023 01:00 IST

Bank of Baroda suspends employees after RBI app ban

The banking regulator, on October 10, had barred Bank of Baroda from onboarding new customers on its flagship ‘BoB World’…

October 19, 2023 15:54 IST

BoB’s growth plans may get stifled after RBI rap: Analysts

With a strong active user base of nearly 30 million and 53 million downloads as of March end, BoB’s mobile…

October 12, 2023 01:00 IST

Bank of Baroda, RBI, suspension, customer onboarding, bob World, corrective measures, supervisory concerns, digital banking, security controls, growth plans, investment, technology

Bank of Baroda says corrective measures carried out after RBI orders suspension of further customer onboarding on ‘bob World’

“While the Bank has already carried out corrective measures to address the concerns of the RBI, we have initiated further…

October 11, 2023 15:43 IST

Bank of Baroda barred from onboarding on app

Following RBI’s action, BoB released a statement saying it has already carried out corrective measures to address the concerns and…

October 11, 2023 05:45 IST

Bank of Baroda customers can now update KYC on video calls. Know how

Bank of Baroda customers can now complete re-KYC digitally in just a few minutes in a secure manner without even…

August 23, 2023 10:12 IST

Bank of Baroda shares gain 1% after net profit nearly doubles in Q1; Should you buy, sell or hold BoB stock?

Bank of Baroda shares rose nearly 1% today after the net profit jumped 87.7% to Rs 4,070 crore on-year in…

August 7, 2023 11:08 IST

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Bank of Baroda net income soars 88 per cent to Rs 4,070 crore on higher advances, other income

Net interest income (NII) grew 24.4 per cent to Rs 10,997 crore, coupled with robust growth in non-interest income that…

August 5, 2023 16:04 IST

Bank of Baroda Car Loan at fixed interest rate linked to Credit Score is available now. See details

Bank of Baroda (BoB) customers can now get car loans at a fixed interest rate linked to their credit profiles

July 26, 2023 16:11 IST

IIFL Finance, Q1FY24, quarter results, revenue, profit, EBITDA, funding, investment, loan growth, NPA, AUM, digital loans, expansion

IIFL Finance raises $175 million from HSBC, Union Bank and Bank of Baroda

IIFL Finance has raised $75 million from HSBC, $50 million from Union Bank (Sydney) and $50 million from Bank of…

July 4, 2023 08:39 IST

Debadatta Chand takes charge as Bank of Baroda MD

Chand began his career in 1994 as an officer at Allahabad Bank and later worked as a manager at the…

July 2, 2023 03:30 IST

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3 ‘Buy’ recommendations from Nuvama; up to 39% return potential

Market1 hr ago

Nuvama has identified three stocks with a ‘Buy’ rating, including Uno Minda, Gujarat Fluorochemicals, and CESC. These stocks have a potential upside of up to 39%, 17%, and 13% respectively. Uno Minda is expected to see growth in revenue and EBITDA, while Gujarat Fluorochemicals stands to benefit from anti-dumping duty on imports. CESC’s RE plans and potential UP discom win could lead to growth.

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