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"bank-of-baroda"

  • Bank of Baroda raises USD 700 million through overseas bonds

    Bank of Baroda has raised USD 700 million through a dual-tranche overseas bond issue comprising three-year and five-year notes. The issue received strong investor interest, with the order book peaking at USD 2.67 billion, nearly 3.8 times the final size.
  • Bank of Baroda says core banking systems secure after reported data breach

    Bank of Baroda has assured customers that its core banking systems remain secure after an employee's email account was compromised, leading to unauthorised data access. The bank has launched a forensic investigation amid reports that sensitive customer information surfaced on the dark web
  • Bank of Baroda marks 119th Foundation Day with new initiatives

    Bank of Baroda celebrated its 119th Foundation Day by unveiling several initiatives, including the upgraded bob World mobile banking platform, new lending schemes, a global capability centre and 119 Business Correspondent outlets to strengthen innovation, sustainability and financial inclusion.
  • Cash shortage hits banks across erstwhile Adilabad district, inconveniencing customers

    Customers across the erstwhile Adilabad district have complained of cash shortages at several banks, alleging withdrawal restrictions and malfunctioning ATMs. Bank officials attributed the issue to reduced cash flow, while assuring customers that steps would be taken to improve the situation.
  • Bank of Baroda presents Rs 2,811 crore dividend cheque to Nirmala Sitharaman

    Bank of Baroda presented a dividend cheque of Rs 2,811 crore to Union Finance Minister Nirmala Sitharaman for FY2025-26. The bank reported a record standalone net profit of Rs 20,021 crore and crossed Rs 30 lakh crore in global business.
  • Hyderabad: Bank of Baroda joins Nasha Mukt Bharat Saptah campaign

    Bank of Baroda participated in the nationwide 'Nasha Mukt Bharat Saptah' campaign organised by the Ministry of Social Justice & Empowerment to raise awareness about the harmful effects of substance abuse and encourage collective action towards building a drug-free India.
  • Bank of Baroda offers up to 6.25% interest to NRIs under new FCNR(B) scheme

    Bank of Baroda has launched the ‘bob Legend FCNR(B) Deposit Scheme’, offering NRIs interest rates of up to 6.25% per annum on US Dollar deposits and competitive rates across other major currencies.
  • Dharmendra Pradhan seeks Finance Ministry help to fix CBSE payment system

    Dharmendra Pradhan sought support from Nirmala Sitharaman to overhaul the Central Board of Secondary Education payment gateway system after complaints about failed transactions and portal glitches during the re-evaluation process
  • Bank of Baroda targets 10 per cent corporate loan growth in FY27

    Bank of Baroda aims to grow its corporate loan book by 10 per cent in FY27 and currently has a Rs 50,000 crore lending pipeline. The bank expects strong demand from renewable energy, steel and cement sectors despite concerns over private capex growth
  • Public sector banking operations likely to be disrupted on Tuesday amid strike

    Public sector bank services may be disrupted Tuesday as employee unions launched a nationwide strike demanding a five-day work week. SBI, PNB and Bank of Baroda could be affected, while private banks and digital services are expected to function normally
  • India’s GDP growth in Q3 FY25 shows upward bias due to high govt spending, improved consumption

    Government capital expenditure surged to Rs 2.7 lakh crore, marking about a 30 per cent increase compared to the average of the first two quarters which was a bit muted due to general elections
  • Bank of Baroda appoints Sachin Tendulkar as Global Brand Ambassador

    The partnership comes at an opportune time with BOB poised to script the next phase of its transformation journey as it pursues a faster growth trajectory, leveraging Sachin’s brand aura.
  • Bank of Baroda to organise health camps & plantation drives for sanitation workers

    The special campaign by BOB is aimed to promote cleanliness with special emphasis on transforming difficult and dirty spots, a press release said.
  • Bank of Baroda adopts Generative AI to transform customer experience and employee efficiency

    Available on the Bank’s web portal, the capability supports audio, video, and chat-based assistance, ensuring 24x7 banking services with multilingual support.
  • Hyderabad: Bank of Baroda inaugurates a ‘Phygital’ branch at Chanda Nagar

    A phygital branch is a mix of digital and physicl branch where self-service and assisted service models are integrated for the convenience of customers. This is the first Phygital branch of the BoB in Telangana and second in the country. The first one was inaguurated in Mumbail in July last
  • HC seeks details in Jr NTR’s house attachment case

    The Bench then directed the counsel on record at the Tribunal to submit the same to the court on an affidavit. Accordingly, the case was adjourned.
  • Bank of Baroda launches bob BRO Savings Account for students

    The bob BRO Savings account provides students access to a banking programme that is customised to meet their specific needs and is easy and straightforward to operate, with no minimum balance requirement, a lifetime complimentary debit card and a number of other benefits
  • RBI ban on onboarding customers via app can affect growth trajectory of Bank of Baroda

    RBI's ban on onboarding customers via BOB World can affect the growth trajectory of Bank of Baroda in the retail product segments over the near term.
  • RBI orders Bank of Baroda to halt customer onboarding on ‘bob World’ app

    The central bank in a statement Tuesday said the action was based on "certain material supervisory concerns" observed in the manner of onboarding of their customers onto the bank's mobile application
  • CBI arrests 5 in Rs 31 cr Rail Land Development Authority scam

    The CBI has arrested five persons for causing an alleged loss of approximately Rs. 31.50 crore to RLDA.
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