Bank of Baroda
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Bank of Baroda’s total business takes Rs 90,000-cr hit in 2015-16
Shrinking loan portfolio and deposit base squeezed total business of state-owned Bank of Baroda (BoB) by nearly Rs 90,000 crore in 2015-16 despite a robust GDP growth of 7.6 per cent during the fiscal.
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Bank of Baroda recovers Rs 3,200 credit from non performing loans in Q4
Bank of Baroda (BoB) recovered close to Rs 3,200 crore from non-performing loans during the March quarter, including from assets that were upgraded, a senior executive of the bank told FE.
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Bank of Baroda money laundering case: ED sends LRs to Hong Kong, Dubai
Widening its probe in the Rs 6,000-crore suspicious forex transactions case at a Bank of Baroda (BoB) branch here, the ED has sent judicial requests to Hong Kong and Dubai seeking details of funds, accounts and operators who allegedly perpetrated the fraud. Officials said the agency recently dispatched the Letters Rogatory (LRs) issued from a […]
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Buy rating on Bank of Baroda; One-off provisions mar quarter
Bank of Baroda is laying emphasis on quality and stable business, with focus on average rather than period-end numbers
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BoB tumbles over 8 per cent; mcap dips by Rs 2,937 cr on weak Q4 show
Bank of Baroda shares today ended over 8 per cent lower, wiping-out Rs 2,936.85 crore from its market valuation, after the company reported a whopping net loss of Rs 3,230-crore for the three months to March.
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5 PSU banks post Rs 6,751-cr loss in Q4 on bad loans, should you invest?
Bad loan mounts: Five public sector banks such as Bank of Baroda, UCO Bank, Central Bank of India, Allahabad Bank and Dena Bank on Friday registered a combined net loss of over Rs 6,700 crore for the quarter ended March 2016 due to multi-fold rise in provisions.
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5 banks led by Bank of Baroda post Rs 6,751-crore loss as bad loans mount
Bad loans situation worsens: As many as five public sector banks led by Bank of Baroda (BoB) on Friday reported a combined loss of Rs 6,751 crore for the three months to March 2016.
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Bank Of Baroda top loser on Nifty today; should you invest?
Bank of Baroda Q4 results: Shares of the bank plunged as much as 7.5 per cent in the early trade after it on Friday posted a net loss of Rs 3,230 crore for the quarter ended March 2016 due to higher than expected provisions which surprised market experts negatively.
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Bank of Baroda surprises on NPAs, loss
Public sector lender Bank of Baroda (BoB) on Friday reported a net loss of Rs 3,230.14 crore in the three months to March, with provisions more than trebling year-on-year to Rs 6,857.66 crore, up from Rs 1,817.5 crore.
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Bank of Baroda Q4 net loss at Rs 3,230 crore, cleans up bad loans
Bank of Baroda Q4 results: Company’s provisions, including for loan losses, stood at Rs 6,857 crore, up 277 per cent, against Rs 1,817 crore in the same quarter last year.
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Blackmoney: Supreme Court asks SIT to look into Bank of Baroda scam
The Supreme Court today directed the Special Investigation Team (SIT) on black money to look into a fresh plea seeking a probe into the recent Bank of Baroda scam case.
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Rs 6,000 BoB forex scam: CBI raids 10 locations in NCR over illegal remittances to Hong Kong and Dubai
Rs 6,000 BoB forex scam: CBI sleuths carried out searches at 10 locations in the NCR region in connection with the case of alleged illegal remittances to the tune of Rs 6,000 crore to Hong Kong and Dubai from a branch of Bank of Baroda.
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Bank of Baroda likely to recover NPAs worth Rs 2,700 cr in FY16
Bank of Baroda (BoB) is likely to recover up to Rs 2,700 crore from non-performing assets in the current fiscal year, up 80% year-on-year, a senior official at the bank told FE.
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PSU banks on fire after RBI eases capital norms; SBI surges over 10%
Shares of public lenders such as State Bank of India (SBI) surged 11.50 per cent, followed by Punjab National Bank (up 6.65 per cent) and Bank of Baroda (up 6.65 per cent).
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Maintain ‘neutral’ on Bank of Baroda, target Rs 124
BoB reported a net loss of R3,300 crore as it took the full impact of RBI AQR and balance sheet clean-up (NPL slippages 4% of loans).
