bank of baroda

Bank of Baroda Q1 Net Profit seen up 80% YoY to Rs. 950.7 cr: Kotak

Net Interest Income (NII) is expected to increase by 55 percent Y-o-Y (up 34 percent Q-o-Q) to Rs. 6,770.3 crore, according to Kotak.

BoB cuts MCLR by up to 10 bps

The public sector bank has revised the marginal cost of funds-based lending rate (MCLR) with effect from July 7, 2019, it said in a regulatory filing.

Market Headstart: Nifty likely to open flat; UltraTech Cements, Bank of Baroda top buys

Trends on SGX Nifty indicate a flat opening for the broader index in India, a fall of 5 points or 0.04 percent. Nifty futures were trading around 11,975-level on the Singaporean Exchange.

DHFL resolution plan may come with riders, fresh credit likely: Reports

As per regulatory norms, banks need to sign an inter-creditor agreement to implement the plan, which has been scheduled for July 5.

Bank of Baroda buys Rs 3,000 crore DHFL loans

Transaction will help BoB pare its loan exposure to the non-bank lender. Since the acquired loans are higher rated assets, the quality of the state-run bank’s loanbook will improve

Bank of Baroda climbs 3% despite Credit Suisse retaining bearish call

Credit Suisse has maintained underperform call on the stock with a target price at Rs 115 per share, implying 5 percent potential downside from current level.

Over Rs 2.05 lakh crore frauds in 11 years: ICICI Bank, SBI and HDFC among top victims

Some of the foreign banks operating in India also reported fraud cases worth crores during the last 11 fiscal years.

BoB one of the best PSU banks to invest and hold: Akash Jain

The Net NPA numbers of the merged bank should be about Rs 23,000 crore which is equal to just one & half years operating profit of the merged bank, a very positive number.

BoB puts Bhushan Power & Steel, Alok Industries, 65 other accounts worth over Rs 9000 crore on block as NCLT process gets delayed

While Bhushan Power & Steel dues are to the tune of Rs 2,099 crore, Alok Industries dues are Rs 903 crore.

Buy Bank of Baroda; target of Rs 170: ICICI Direct

ICICI Direct is bullish on Bank of Baroda has recommended buy rating on the stock with a target price of Rs 170 in its research report dated May 23, 2019.

Bank of Baroda Standalone March 2019 Net Interest Income (NII) at Rs 5,066.96 crore, up 26.6% Y-o-Y

Bank of Baroda rallies 10% after cutting losses in Q4

The bank in its BSE release reported a 68 percent decline in net loss at Rs 991.4 crore, compared to Rs 3,102.3 crore in the corresponding quarter of the last year.

Bank of Baroda expects bad loan recoveries of Rs 15,000 crore in FY20

The net NPA ratio for the merged entity is likely to be below 3 percent in 2019-20.

Bank of Baroda narrows Q4 loss to Rs 991.4 cr, asset quality improves

Provisions remained elevated in Q4 at Rs 5,399.3 crore against Rs 2,794.2 crore in previous quarter and Rs 6,672 crore in corresponding period last year.

Brokerages expect Bank of Baroda to post massive jump in Q4 profit

Kotak Institutional Equities projects bank's net profit at Rs 1,455.9 crore, up 208.9 percent QoQ

Merger impact: Bank of Baroda looks to rationalise 800-900 branches

The merger of Dena Bank and Vijaya Bank with BoB became effective from April 1.

Bank of Baroda join hands with Srei Equipment Finance

Iquippo, a non profit started by Srei's promoters, will facilitate sourcing of loans, an official statement said.

Weekly wrap: Following RBI's rate cut, banks reduce lending rates by 5 bps

In February, India's industrial output recorded 20-month low growth of 0.1 percent, raising concerns on the country's economic growth trajectory

BoB expects to complete integration of Dena Bank, Vijaya Bank in two years

BoB, the second-largest public sector lender after State Bank of India, now has over 9,500 branches, 13,400 ATMs, and 85,000 employees to serve 12 crore customers.

Bank of Baroda to hire consultancy firm to evaluate board performance

The selected firm will have to complete the assignment within 6-8 weeks.

Bank of Baroda to hire advisory firm for board evaluation review

The advisory firm is expected to analyse findings and share preliminary feedback with select members of the board.

Bank of Baroda hikes bulk deposit rates by up to 75 bps

The lender has increased its one-year bulk deposit rate to 7.3 percent

Bank of Baroda Q4 Net Profit seen up 39.4% QoQ to Rs. 656.7 cr: Motilal Oswal

Net Interest Income (NII) is expected to increase by 22.7 percent Y-o-Y (up 3.5 percent Q-o-Q) to Rs. 4,909.7 crore, according to Motilal Oswal.

Bank of Baroda Q4 Net Profit may increase 209% QoQ to Rs 1,455.9 cr: Kotak

Net Interest Income (NII) is expected to increase by 23.2 percent Y-o-Y (up 3.9 percent Q-o-Q) to Rs. 4,929.4 crore, according to Kotak.

D-Street Buzz: Banks gain led by BoB, IndusInd Bank; Tata Motors up 2%, Godrej Prop at new 52-week high

The top Nifty gainers include Indiabulls Housing Finance, Tata Motors, IndusInd Bank, HDFC and Bharti Airtel while BPCL, Eicher Motors, Infosys, Tech Mahindra and Britannia Industries are the top losers.