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Mumbai: Bank of Baroda, the second largest state-owned bank, is planning to raise Rs 1,000 crore through issuance of infrastructure and affordable housing bonds on August 12, a source close to the development told IANS. “The likely tenure for the bonds is seven years and have Rs 250 crore as base issue and Rs 750 […]
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Hyderabad: People from all age groups are now enjoying the convenience of digital banking, but it comes at a huge risk. To caution people against the different kinds of cyber frauds, Bank of Baroda (BoB), the fourth largest nationalised bank in India, has started a creative campaign on social media called Cyber Jagrookta Diwas campaign. […]
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Hyderabad: The real estate industry, which was thriving on low-interest home loans, may hit a small bump post the Reserve Bank of India’s decision to increase the repo rate by 40 bps. While the full impact of the rate hike can only be gauged after a few months, the initial reaction is that it could […]
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Mumbai: The sensational Rs 22,842 crore mega loan fraud allegedly perpetrated by the Gujarat-based ABG Shipyard Ltd (ABGSL) did not spare the IPO-bound Life Insurance Corporation of India (LIC) while the ICICI Bank and the IDBI Bank took the worst-hit among other government, private, foreign banks, NBFCs, as per official data. The State Bank of […]
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Hyderabad: Bank of Baroda Telangana South Region on Saturday sponsored school furniture for the Government High School at Banjara Hills. Regional Head, Assistant General Manager, K Vijaya Raju launched sponsorship programme at the school. Speaking on the occasion, in-charge headmistress of School, Nusrath Fatima thanked Bank of Baroda for sponsoring chairs and tables for the […]
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Hyderabad: The Central Bureau of Investigation (CBI) has booked a case against a city-based private company including its directors and other unknown persons for allegedly causing loss to the tune of Rs.44.60 crore to Khairatabad branch of Bank of Baroda (BoB). The case was booked against Vijaya Aero Blocks Private Limited in Banjara Hills and […]
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Hyderabad: Three days after registering a case against city-based Nandi Grain Derivatives Private Limited for allegedly duping Bank of Baroda to the tune of Rs 61.86 crore, the Central Bureau of Investigation (CBI) carried out searches at half a dozen places in Hyderabad and Kurnool and seized several incriminating documents. The names of two company […]
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Hyderabad: Bank of Baroda, Zonal Office, Hyderguda, led by General Manager and Zonal Head Man Mohan Gupta, conducted a ‘Walkathon’ here on Sunday to spread awareness on eliminating corruption in public life. During the walkathon, bank staff members from Hyderabad Metro, Telangana South and North regions participated. K Vinod Babu, Deputy Zonal Head, Zonal Office, […]
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Hyderabad: The newly renovated premises of the Bank of Baroda, Hyderabad Metro Region was inaugurated here on Friday by Vikramaditya Singh Kichi, Executive Director, Bank of Baroda. Manmohan Gupta, General Manager & Zonal Head of Hyderabad Zone, Vinod Babu, Deputy Zonal Head of Hyderabad Zone, VMNS Saibabu, Regional Manager of Hyderabad Metro Region and other […]
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The bank also felicitated Mayur Shelke, a pointsman with Indian Railways in Mumbai, for risking his life to save a child on a railway track near Mumbai
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The agreement for long-term debt financing between Ola and Bank of Baroda signals the confidence of the institutional lenders in our plans to build the world's largest two-wheeler factory in record time
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Under this programme, 15 dedicated startup branches are operational across the major startup hubs including Hyderabad
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The penalties have been imposed in exercise of powers vested in RBI under the provisions of section 47 A (1) (c) read with sections 46 (4) (i) and 51 (1), of the Banking Regulation Act, 1949, as applicable.
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The lender, in a notification, said it intends to sell these NPA accounts to asset reconstruction companies (ARCs) / banks / NBFCs or other financial institutions (FIs) on 100 per cent cash basis.
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For fiscal year 2020-21, the bank reported a net profit of Rs 828.95 crore, up 52 per cent from Rs 546.18 crore a year ago.
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Sebi’s move to better regulate market discipline in the issue of AT-1 bonds will lead to informed investment decisions
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For the banks that got merged, - account number, IFSC, MICR code, branch address, cheque-book, passbooks will also undergo a change to represent the new entity.
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With high credit costs continuing to suppress their profitability, the banks' capital buffers will remain insufficient.
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Total income of the bank fell to Rs 22,070.52 crore during October-December period of 2020-21 from Rs 23,134.67 crore in the year-ago quarter, Bank of Baroda said in a regulatory filing.
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LIC, SBI and BoB are the sponsors of LIC MF, SBI MF and Baroda MF and at the same time, they were holding over 18 per cent stake in both UTI MF and UTI Trustee Company.
