Bank of Baroda

Bank of Baroda's Ashok Vihar branch raided by CBI in forex scam

Bank of Baroda's Delhi branch in Ashok vihar was raided by CBI, ED and SFIO upon illegal transfers of Rs 6,172 crores in foreign exchange made to Hong Kong.

Oct 10, 2015, 16:42 PM IST

CBI searches Bank of Baroda branches for Rs 6,100 crore suspected black money transfer

CBI on Saturday carried out searches at Bank of Baroda branches here in connection with the alleged Rs 6100 crore black money which was transferred to Hong Kong, in collusion with bank officials.

Oct 10, 2015, 15:23 PM IST

Govt infuses Rs 13,955 crore capital into 8 PSU banks

Eight public sector banks, including SBI, Punjab National Bank and Bank of Baroda, Wednesday said they have allotted equity shares on preferential basis to the government against capital infusion of Rs 13,955 crore.

Sep 30, 2015, 21:29 PM IST

RBI impact: Banks cut interest rates; loans to turn cheaper

A number of banks including state-run PNB, IDBI Bank and Bank of Baroda, as also private sector lender Axis Bank Wednesday lowered lending rates -- a day after RBI surprised with a larger-than-expected policy rate cut and prodded banks to pass on the benefits.

Sep 30, 2015, 21:22 PM IST

State lenders PNB, BoB, OBC cut base rate by up to 0.40%

State-run lenders Punjab National Bank, Bank of Baroda and Oriental Bank of Commerce have trimmed their base or minimum lending rates by up to 0.40 percent in response to RBI's policy rate cut.

Sep 30, 2015, 18:32 PM IST

Banks seek shareholders' nod for Rs 5,934-crore capital infusion

Four public sector banks, including PNB and BoB, Saturday sought shareholders' approval for capital infusion of Rs 5,934 crore by issuing preferential shares to the government.

Aug 22, 2015, 22:33 PM IST

PSU bank stocks in huge demand, BoB up 15% on revamp plan

Bank stocks were in huge demand today, surging up to 15 percent, following a slew of reform measures announced in order to revive the fortunes of the public sector lenders.

Aug 17, 2015, 19:19 PM IST

In a first, private sector professionals to head BoB, Canara Bank

Bank of Baroda and Canara Bank Friday became the first state-owned banks to be headed by private sector professionals as government announced appointment of MD and CEOs of five PSU lenders.

Aug 14, 2015, 20:20 PM IST

Bank stocks in limelight; surge up to 8%

Bank stocks were in limelight Friday, surging up to 8 percent, after the government announced plans to infuse fresh capital into state-run lenders.

Jul 31, 2015, 19:05 PM IST

BoB Q1 net down 23% at Rs 1,052 cr on bad loans, wage revision

State-run Bank of Baroda Thursday reported 22.74 percent decline in net profit at Rs 1,052.15 crore during the first quarter ended June 30, on higher provision for bad loans and wage revision.

Jul 30, 2015, 14:07 PM IST

RBI lifts restrictions on FIIs to buy shares in BoB

The Reserve Bank has removed restrictions placed on foreign investors to buy shares in public sector lender Bank of Baroda, as the said limit has gone below threshold.

Jul 23, 2015, 21:49 PM IST

Govt extends BoB interim chief's term for 3 months

The government has further extended the term of Bank of Baroda's (BoB) interim MD & CEO Ranjan Dhawan for three months while Bank of India will be headed by its Executive Director B P Sharma for the same duration.

Jun 09, 2015, 14:51 PM IST

CCI dismisses complaint against Bank of Baroda

The complaint was filed by Uttarakhand-based Dhanvir Food Product, which had availed of a term loan of Rs 7.25 crore from the bank, against the lender and its branch in the state.

Jun 07, 2015, 11:20 AM IST

BOB shares surge nearly 17% on improvement in asset quality

Stocks of Bank of Baroda surged nearly 17 percent after the company reported an improvement in asset quality for the quarter ended March 31, although its net profit slumped.

May 11, 2015, 18:53 PM IST

Bank of Baroda's bad-loan ratio drops, boosting shares

Shares in the Mumbai-based bank rose as much as 17.8% and were headed for their biggest daily gain since May 2004.

May 11, 2015, 16:56 PM IST

Bank of Baroda Q4 profit declines 48% at Rs 598.35 cr

It had posted net profit of Rs 1,157.27 crore in the fourth quarter of the previous fiscal, 2013-14, the bank said in a BSE filing on Monday.

May 11, 2015, 11:21 AM IST

Bank of Baroda cuts base rate by 0.25% to 10%

Following peers, public sector Bank of Baroda on Tuesday slashed base rate or minimum lending rate by 0.25 percent to 10 percent.

May 05, 2015, 20:54 PM IST

BoB ties up with UAE Exchange for instant money transfer

Bank of Baroda, a leading Indian public sector bank, has tied up with UAE Exchange to offer an instant cash transfer facility to NRI customers.

Apr 25, 2015, 13:34 PM IST

Trickle-down effect: Now, Bank of Baroda lowers deposit rates

State-owned Bank of Baroda on Friday said it has slashed deposit rates in the range of 0.15-0.40 percent for various maturities in several brackets.

Apr 24, 2015, 19:56 PM IST

Bank of Baroda cuts deposit rate for a select maturity by 0.1%

State-owned Bank of Baroda (BoB) has revised downwards the interest rate for deposits below Rs 1 crore for a select maturity bracket.

Mar 23, 2015, 15:26 PM IST