Page 2 - Bank of Baroda News
PSU Bank index soars 73% from June lows; UCO, BOI, Canara zoom up to 102%
In the past one month, the Nifty PSU Bank index has rallied 31 per cent as compared to a 2.8 per cent rise in the Nifty 50 index
 "PSU Bank index soars 73% from June lows; UCO, BOI, Canara zoom up to 102%")
Nifty PSU Bank soars 26% in a month; BOI, Canara Bank, UBI rally 55%
The Nifty PSU Bank index hit a new high of 3,811.15 on Wednesday, and has zoomed 67 per cent from its 52-week low of 2,283.85, touched on June 20, 2022.
 "Nifty PSU Bank soars 26% in a month; BOI, Canara Bank, UBI rally 55%")
Nifty Bank index headed to 44,000 level; Bandhan Bank remains a risky bet
Here's how key constituents of the Nifty Bank index look on the charts.
 "Nifty Bank index headed to 44,000 level; Bandhan Bank remains a risky bet")
Broad improvement in margins may continue for a while: Bank of Baroda chief
In a Q&A, Sanjiv Chadha, the MD & CEO of the bank, dwells on how the lender fared in Q2 and the strategy it will adopt for its assets and liabilities franchises going forward
 "Broad improvement in margins may continue for a while: Bank of Baroda chief")
Strong Q2 results drive earnings, target price upgrades for SBI, BoB
Analysts see up to 31 per cent and 17.6 per cent upside in SBI and BoB's stock, respectively, from a one-year perspective
 "Strong Q2 results drive earnings, target price upgrades for SBI, BoB")
Q2 Impact: SBI, BoB may see another 25% upside, UCO Bank 50%, hint charts
SBI hit life-time high, while Bank of Baroda registered a new 52-week high in trades on Monday after the banks reported strong Q2 earnings over the weekend. Here's what the charts indicate ahead.
 "Q2 Impact: SBI, BoB may see another 25% upside, UCO Bank 50%, hint charts")
Bank of Baroda's Q2 net jumps 58.7% aided by rise in NII, dip in provisions
Provisions of the lender declined 41 per cent YoY to Rs 1,628 crore in Q2FY23.
 "Bank of Baroda's Q2 net jumps 58.7% aided by rise in NII, dip in provisions")
Bank of Baroda Q2 results preview: Here's what key brokerages expect
Bank of Baroda Q2 preview: Treasury income is projected just at Rs 100 crore, down 92 per cent YoY from Rs 1,221 crore.
 "Bank of Baroda Q2 results preview: Here's what key brokerages expect")
Flying high! SBI, BoB, Canara Bank poised for up to 18% rally, charts show
The Nifty PSU Bank index hit a fresh 52-week high on Friday and has gained 15 per cent so far this month. The index can rally another 4 per cent.
 "Flying high! SBI, BoB, Canara Bank poised for up to 18% rally, charts show")
Nifty PSU Bank index hits record high; Indian Bank surges 22% in one week
In the past one week, Nifty PSU Bank index has rallied 12 per cent as compared to 3 per cent rise in Nifty50
 "Nifty PSU Bank index hits record high; Indian Bank surges 22% in one week")
PSU Bank leads Nifty pack, up 7.6% in the past two trading sessions
With asset quality improving, analysts see more growth
 "PSU Bank leads Nifty pack, up 7.6% in the past two trading sessions")
Nifty PSU Bank index surges 2%; Canara Bank, Bank of Baroda gain over 3%
Operational performance is expected to remain positive across lenders, given steadier yields. Thus, robust recovery in earnings is expected in PSU banks, ICICI Securities said
 "Nifty PSU Bank index surges 2%; Canara Bank, Bank of Baroda gain over 3%")
