After UCO Bank, Bank of Baroda and Canara Bank to hike interest rates from Monday
Aug 10, 2024, at 11:28 pm
New Delhi/IBNS: Leading Indian public-sector banks such as UCO Bank, Canara Bank and Bank of Baroda have increased their Marginal Cost of Funds-based Lending Rates (MCLR) in different tenures which will result in higher costs for consumer loans, reports said.
Bank of Baroda Q1FY25: Profit grows 9.5% YoY to Rs 4,458 cr; NII Rs 11,600 cr
Jul 31, 2024, at 11:05 pm
Mumbai: State run lender Bank of Baroda (BOB) on Wednesday reported a standalone net profit of Rs 4,458 crore for the first quarter of the fiscal year 2025 (Q1FY25), up 9.5% from Rs 4,070 crore in the same period last year (Q1FY24).
Bank of Baroda raises Rs 7,500 cr through Additional Tier 1 bonds
Jul 06, 2024, at 06:07 am
Mumbai: Bank of Baroda on Friday announced that its board of directors approved a plan to raise an additional Rs 7,500 crore in capital through Additional Tier 1 (AT1) and Tier 2 bonds.
Bank of Baroda Q4FY24 net profit up 2.3% YoY to Rs 4,886.49 cr; NII up 2.3% to Rs 11,793 cr
May 10, 2024, at 09:47 pm
Mumbai: State-run lender Bank of Baroda on Friday said its standalone net profit reached Rs 4,886.49 crore in Q4FY24, up 2.3% compared to Rs 4,775.33 crore in the year-ago period.
May 09, 2024, at 08:40 pm
Mumbai/IBNS: The Reserve Bank of India (RBI) has allowed Bank of Baroda (BOB) to onboard customers via its 'BOB World' mobile application, following which shares of the public sector bank surged 3.4 percent to Rs 271 per share on Thursday (May 9).
REC Ltd & Bank of Baroda sign MoU to finance power, infrastructure and logistics projects
Jan 06, 2024, at 08:28 am
New Delhi: REC Limited, a Maharatna CPSE under the Ministry of Power, signed a Memorandum of Understanding (MoU) with public sector lender Bank of Baroda, on Friday.
REC Ltd & Bank of Baroda sign MoU to finance power, infrastructure and logistics projects
Jan 06, 2024, at 08:28 am
New Delhi: REC Limited, a Maharatna CPSE under the Ministry of Power, signed a Memorandum of Understanding (MoU) with public sector lender Bank of Baroda, on Friday.
Bank of Baroda launches multipurpose NCMC RuPay Prepaid Card
Jan 03, 2024, at 05:34 am
Mumbai: Public Sector Lender Bank of Baroda Tuesday announced the launch of the National Common Mobility Card (NCMC) RuPay Reloadable Prepaid Card.
Bank of Baroda revises its Interest Rates upwards on Retail Term Deposits for various tenors
Dec 29, 2023, at 07:08 pm
Bank of Baroda (Bank), one of India’s leading public sector banks, today announced an upward revision in the interest rates on Domestic Retail Term Deposits, including NRO Term Deposits, from 10 basis points to up to 125 basis points on various maturity buckets with effect from December 29, 2023.
Bank of Baroda to issue bonds worth Rs 5,000 cr
Nov 30, 2023, at 04:47 am
Mumbai: Bank of Baroda is set to issue bonds worth Rs 5,000 crore on November 30, Moneycontrol reported.
Bank of Baroda plans to raise Rs 15,000 cr through bonds
Nov 20, 2023, at 03:18 am
Mumbai: Bank of Baroda’s board of directors has resolved to raise Rs 5,000 crore by issuing tier-II bonds and an additional Rs 10,000 crore through infrastructure bonds.
Bank of Baroda Q2FY24 net profit up 28% to Rs 4,253 cr
Nov 05, 2023, at 08:03 am
Mumbai: State-run lender Bank of Baroda (BoB) recorded a 28.4% increase in net profit in the second quarter of the FY24 at Rs 4,253 crore, compared to the same period last year.
RBI directs Bank of Baroda to halt adding new customers via app
Oct 11, 2023, at 06:35 am
Mumbai: The Reserve Bank of India (RBI), on Tuesday, directed state-owned lender Bank of Baroda to cease the onboarding of new customers through the BoB World, the bank's digital banking application.
Oct 05, 2023, at 01:47 am
Mumbai: Public sector lender Bank of Baroda (Bank) has been awarded the prestigious Payment Card Industry Data Security Standard (PCI DSS) compliance certificate by SISA, a leading forensics-driven cybersecurity solutions company.
Bank of Baroda enables UPI LITE - Small Value on Device Wallet
Sep 21, 2023, at 08:50 am
Mumbai: Bank of Baroda Wednesday announced that it has enabled UPI LITE - Small Value on Device Wallet to enable users to make instant, small value digital payments with only one tap without the use of a UPI PIN.
Bank of Baroda enables UPI ATM facility at over 6,000 ATMs across the country
Sep 09, 2023, at 01:25 am
Mumbai: Public sector lender Bank of Baroda on Friday announced that it has enabled the UPI ATM facility at over 6,000 Bank of Baroda ATMs across the country.
Bank of Baroda opens 251 new Gold Loan Shoppes
Aug 18, 2023, at 05:07 pm
Mumbai: Bank of Baroda on Thursday announced the launch of 251 new Gold Loan Shoppes across the country.
Bank of Baroda Q1FY24 net profit soars 88% YoY to Rs 4,070 crore; NII grows 24%
Aug 06, 2023, at 07:48 am
Public sector lender Bank of Baroda (BOB) on Saturday reported a standalone net profit of Rs 4,070 crore in Q1FY24, up 87.7 year-on-year compared to Rs 2,168 crore in the same quarter of the previous fiscal year.
Bank of Baroda registers 2-fold jump in Q4 profit
May 16, 2023, at 11:54 pm
Mumbai: Public sector lender Bank of Baroda on Tuesday reported over two-fold jump in its fourth quarter net profit at Rs 4,775.33 crore on account of higher interest income and low provisions for bad loans.
Bank of Baroda: Centre appoints Debadatta Chand as MD & CEO
Apr 30, 2023, at 08:51 pm
New Delhi/IBNS: The Centre has appointed Debadatta Chand as the company's Managing Director (MD) and Chief Executive Officer (CEO), Bank of Baroda said on Saturday.
BOB Financial launches co-branded RuPay Contactless Credit Card with the Indian Army
Aug 24, 2022, at 11:15 pm
Kolkata: BOB Financial Solutions Limited (BFSL), a wholly owned subsidiary of Bank of Baroda (BoB) and the Indian Army have launched a co-branded RuPay credit card for the Indian Army personnel, in partnership with National Payments Corporation of India (NPCI).
Bank of Baroda slashes car loan interest rates
May 02, 2022, at 11:46 pm
New Delhi: Bank of Baroda on Monday announced to reduce rates on car loans to 7 per cent per annum with concession in processing charges for a limited period up to June 30, 2022.
Bank of Baroda slashes home loan interest rate for limited period
Apr 23, 2022, at 12:38 am
State-owned lender Bank of Baroda announced a reduction in home loan interest rates from 6.75 to 6.50 percent for a limited period.
Bank of Baroda net profit doubles YoY in Q3FY22
Feb 06, 2022, at 04:54 am
Vadodra: Public sector lender Bank of Baroda said Saturday its net profit in the quarter ended December 2021 doubled to Rs 2,197 crore in Q3FY22 against Rs 1,061 crore in Q3FY21.
Rs 6,000 cr remitted from Bank of Baroda to Hong Kong; CBI files charge sheet
Dec 26, 2021, at 05:45 am
Delhi/IBNS: The Central Bureau of Investigation has filed two supplementary charge sheets in relation to the alleged illegal remittance of Rs 6,000 crore from Delhi's Bank of Baroda branch to Hong Kong, in the garb of payment for imports, media reported.
Bank of Baroda signs MoU with housing finance company CHFL
Dec 10, 2021, at 12:06 am
Kolkata/IBNS: Bank of Baroda has signed a MoU with CHFL for sourcing and financing the Housing loan borrowers under Co-lending Model (CLM) mechanism.
Ashok Leyland partners with Bank of Baroda for financing customers
Dec 06, 2021, at 10:30 pm
New Delhi: Ashok Leyland, flagship of the Hinduja Group, signed a Memorandum of Understanding (MoU), with Bank of Baroda, India’s premium public sector bank, to enter into a strategic financing partnership for 3 years. This MoU will enable both Ashok Leyland and Bank of Baroda to offer customised financial solution to customers.
Bank of Baroda inaugurates Property Expo at Kolkata, generates 200 housing loan leads
Nov 22, 2021, at 12:24 am
Kolkata/UNI: Bank of Baroda (BoB), a major public sector bank, inaugurated the ‘Property Expo’ on a pan India basis to encourage customers to get connected with the services offered by them.
Bank of Baroda's net profit increases by 24 pc to Rs 2,088 crore YoY
Nov 11, 2021, at 03:25 am
Mumbai/IBNS: Public sector lender Bank of Baroda announced a net profit of Rs 2,088 crore in Q2FY22, up 24.39 percent from Rs 1,679 crore in Q2FY21.
Bank of Baroda signs MoU with NeML to become a clearing bank for NeML
Nov 02, 2021, at 11:10 pm
Kolkata/IBNS: Public sector lender Bank of Baroda has signed an MoU with NCDEX e Markets Ltd to become a “Clearing Bank” for handling financial transactions for NeML marketplace and procurement/ auction platform.