"bank-of-baroda"

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 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.

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 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.

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 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 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 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 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

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

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.

The special campaign by BOB is aimed to promote cleanliness with special emphasis on transforming difficult and dirty spots, a press release said.

Available on the Bank’s web portal, the capability supports audio, video, and chat-based assistance, ensuring 24x7 banking services with multilingual support.

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

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.

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'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.

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

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

On the occasion, the bank undertook a cleanliness drive in Bandra Kurla Complex in Mumbai, led by Debadatta Chand, MD, and CEO, along with Ajay K. Khurana, ED, and a large number of employees and the general public.