Bank Of Baroda (bob)

Bank of Baroda Q1 net profit rises 1.9% on-year to Rs 4,541 crore

During the June quarter, BoB's total interest income rose 4.9 percent on-year to Rs 31,091 crore compared to Rs 29,629 crore a year ago.

Bank of Baroda to sell Oman operations to Bank Dhofar

The total business of BoB's operation in the country was 113.35 million Omani Rial while the net worth stood at 25.54 million Omani Rial

Bank of Baroda aims to double tech team headcount to 3,000 by FY26-end

The new additions to the current team strength of 1,500 employees will be done both through the regular hiring processes and lateral hires of specialist talent, Debadatta Chand, its managing director and chief executive officer told PTI recently

Banking stocks on a roll as exit polls predict sweeping win for BJP-led NDA govt

Bank Nifty crossed 50,000 for the first-time ever, thanks to optimism surrounding Street over comfortable victory for NDA in 2024 elections

Bank of Baroda's steady Q4 show keeps brokerages positive, see valuations attractive for re-rating

With both profit and net interest income growing 2.3 percent in Q4, analysts view the PSU lender stock's valuations as attractive for potential re-rating

Bank of Baroda expects to recover Rs 2500 crore from NCLT accounts, says MD & CEO

According to the information available in the lender’s investor presentation, for the year ended March 2024, the bank has a total exposure of Rs 45,977 crore.

Bank of Baroda surges 3% after RBI allows onboarding of new customers on 'BoB World' app

The relaxation comes after six months following RBI's supervisory concerns observed during inspection of bank's processes

Bank of Baroda announces offers for women account holders

This offer is applicable for accounts, either a BoB Mahila Shakti Savings Account or a BoB Women Power Current Account, opened till June 30, 2024, and loan facilities availed till December 31, 2024, Bank of Baroda (BoB) said in a statement.

REC, Bank of Baroda join hands to finance power, infrastructure, logistics projects

By pooling resources and expertise, both entities endeavour to champion initiatives that will invigorate economic development and enhance accessibility to essential services nationwide, a power ministry statement said.

Film stars can become missing MPs, but never NPAs

Bank of Baroda’s notice to actor-cum-politician Sunny Deol to pay up his dues and the subsequent withdrawal of the notice give rise to many questions about the bank’s approach to the insolvency process

One mobile number cannot be linked to multiple mobile banking users, says Bank of Baroda

The statement from the lender came after media reports said that the lender’s mobile application, Bob World, was involved in tampering of customer accounts

Bank of Baroda must show it is special beyond the performance metrics

Stressed loan ratios are far better than its PSU peers, but they are still wanting when pitted against private sector lenders or even State Bank of India (SBI)

Gainers & Losers: 10 stocks that moved the most on May 17

The Sensex was down 371.83 points or 0.60% at 61,560.64, and the Nifty was down 104.70 points or 0.57% at 18,181.80. About 1,651 shares advanced, 1734 shares declined, and 132 shares unchanged.

Nirmal Lifestyle’s Dharmesh and Rajiv Jain held for refusing ‘possession to homebuyers’

According to Mumbai Police officials, the arrests have been made basis complaint from 34 homebuyers

Global PE firms, local investors eye stake in Bank of Baroda's credit card arm: Report

The (EOIs) were submitted earlier this month and are now being reviewed by the bank to shortlist names for the second phase of the process, which will be opened for a limited number of bidders.

Gravity-defying stocks this year: Are the returns for real?

Returns of the same magnitude may be difficult to match in 2023, but the domestic consumption story is a big plus and a lot will also depend on the macro environment, corporate headwinds amid recessionary trends overseas.

Bank of Baroda board approves raising up to Rs 5,000 crore in FY23

The targeted amount would be raised in single or multiple tranches, the bank said, adding that it would be used for financing "infrastructure and affordable housing".

Bank of Baroda shares gain after lender reports nine-fold jump in PAT for FY22

Advances during the year grew by 8.9 percent on-year while the organic retail advances grew by 17 percent and were led by growth across segments.

Senior citizen FD schemes extended; but there are more options

The pandemic has undoubtedly been disproportionately cruel to the elder citizens, leaving them vulnerable, both health-wise and money-wise. To safeguard the older population against the ravages of COVID-19, the banks have been offering additional returns on top of the special rates applicable for senior citizens.

Bank of Baroda uses blockchain to gain market advantage: Akhil Handa