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Page 16 - Bank Of Baroda

Weekly stock picks by Religare Broking: Buy Aurobindo Pharma, Ramco Cements

Currently, Ramo Cements' stock is hovering in a range, after a sharp up move, offering fresh buying opportunity to those who missed the chance earlier

Weekly stock picks by Religare Broking: Buy Aurobindo Pharma, Ramco Cements
Updated On : 22 Jan 2020 | 7:44 AM IST

New MD and CEOs for Bank of Baroda, Bank of India and Canara Bank

The government has appointed Sanjiv Chadha as the new managing director and chief executive of Bank of Baroda

New MD and CEOs for Bank of Baroda, Bank of India and Canara Bank
Updated On : 21 Jan 2020 | 2:09 AM IST

UBI to cut MCLR across tenors by 10 bps, BoB to slash 1-month rate by 5 bps

Union Bank of India has reduced the MCLR by 10 basis points across all tenors with effect from January 11, 2020

UBI to cut MCLR across tenors by 10 bps, BoB to slash 1-month rate by 5 bps
Updated On : 10 Jan 2020 | 8:14 PM IST

BoB directors to finalise plans to raise capital at Jan 8 meeting

CRISIL believes BoB will be able to maintain adequate capitalisation over the medium term, backed by capital support from the Union government

BoB directors to finalise plans to raise capital at Jan 8 meeting
Updated On : 04 Jan 2020 | 9:31 PM IST

Bank of Baroda raises Rs 920 cr via private placement of Basel III bonds

The issue which opened on Thursday and closed the same day, saw a total of 11 allottees through private placement of bonds, the bank said in a BSE filing

Bank of Baroda raises Rs 920 cr via private placement of Basel III bonds
Updated On : 03 Jan 2020 | 4:20 PM IST

Baroda, Union MFs bank on mergers to increase their market share

AUM of both companies declined in September quarter

Baroda, Union MFs bank on mergers to increase their market share
Updated On : 02 Jan 2020 | 2:39 AM IST

Bank of Baroda raises Rs 1,747 cr by issuing Basel III-compliant bonds

To comply with Basel III capital regulations, banks need to improve and strengthen their capital planning processes.

Bank of Baroda raises Rs 1,747 cr by issuing Basel III-compliant bonds
Updated On : 19 Dec 2019 | 12:48 AM IST

Bank of Baroda underreported bad loans by Rs 5,250 cr in FY19: RBI report

In recent months, there have been several instances of under-reporting of bad loans by lenders

Bank of Baroda underreported bad loans by Rs 5,250 cr in FY19: RBI report
Updated On : 19 Dec 2019 | 12:47 AM IST

Fitch affirms Bank of Baroda's IDR at 'BBB-'; VR off rating watch negative

The lender's performance is likely to stay subdued on weak economy, NBFC stress

Fitch affirms Bank of Baroda's IDR at 'BBB-'; VR off rating watch negative
Updated On : 17 Dec 2019 | 5:01 PM IST

BoB signs share purchase agreement to sell Trinidad & Tobago business

As part of rationalising its international operations, state-owned Bank of Baroda Thursday signed a share purchase agreement with Ansa Merchant Bank to sell the business of Bank of Baroda Trinidad & Tobago. BoB Trinidad & Tobago started its operations in October 2007 as a wholly-owned overseas subsidiary. "We have had a long and successful tenure in Trinidad & Tobago and will look forward to a disruption-free service to our valued customers of in that market," executive director Murali Ramaswami, said in a statement. The sale will need an approval from Central Bank of Trinidad & Tobago. BoB had decided to exit the business way back in May 2017.

BoB signs share purchase agreement to sell Trinidad & Tobago business
Updated On : 12 Dec 2019 | 8:04 PM IST

Bank of Baroda and HDFC Bank cut MCLR by 5 bps and 15 bps respectively

HDFC Bank had also cut its MCLR by 10 bps across tenures last month

Bank of Baroda and HDFC Bank cut MCLR by 5 bps and 15 bps respectively
Updated On : 11 Dec 2019 | 1:57 AM IST

BoB to sell 10.4 mn shares in proposed UTI AMC initial public offering

Last week, the country's largest lender State Bank of India had approved diluting up to 8.25% stake in UTI AMC

BoB to sell 10.4 mn shares in proposed UTI AMC initial public offering
Updated On : 09 Dec 2019 | 11:08 PM IST

Sebi gives LIC, SBI, BoB until Dec 2020 to bring UTI AMC stake below 10%

LIC, SBI and BoB are also sponsors of UTI AMC and hold more than 10 per cent stake individually in the AMC and trustee company of UTIMF

Sebi gives LIC, SBI, BoB until Dec 2020 to bring UTI AMC stake below 10%
Updated On : 06 Dec 2019 | 10:14 PM IST

SBI to divest 8.25% in UTI AMC share sale; BoB, LIC and PNB may follow suit

The total dilution in the IPO could be 33 per cent

SBI to divest 8.25% in UTI AMC share sale; BoB, LIC and PNB may follow suit
Updated On : 05 Dec 2019 | 1:18 AM IST

Edelweiss Housing, Bank of Baroda tie up for for co-lending on home loans

Under the pact, EHFL and BoB will share risks and rewards in creating a conducive lending ecosystem for home loan seekers

Edelweiss Housing, Bank of Baroda tie up for for co-lending on home loans
Updated On : 28 Nov 2019 | 5:21 PM IST

Bank of Baroda raises Rs 1,650 crore via Basel-III compliant bonds

The issue, which opened on Tuesday and closed the same day, saw a total of 21 allottees through private placement of bonds

Bank of Baroda raises Rs 1,650 crore via Basel-III compliant bonds
Updated On : 28 Nov 2019 | 4:22 PM IST

UP to raise Rs 7,000 crore from banks for 296-km Bundelkhand Expressway

State government to issue letters of comfort undertaking to repay the banks in case of any default

UP to raise Rs 7,000 crore from banks for 296-km Bundelkhand Expressway
Updated On : 19 Nov 2019 | 7:00 PM IST

RBI slaps Rs 2.50-crore fine on Bank of Baroda over non-compliance

It is alleged that there was illegal transfer and misuse of funds from government accounts

RBI slaps Rs 2.50-crore fine on Bank of Baroda over non-compliance
Updated On : 19 Nov 2019 | 5:49 PM IST

Merger with Vijaya, Dena more a bane than a boon for Bank of Baroda

Elevated slippages, weak asset quality and a near-stagnant loan growth don't bode well for investors

Merger with Vijaya, Dena more a bane than a boon for Bank of Baroda
Updated On : 14 Nov 2019 | 10:40 PM IST

HC relief for SBI, other lenders in debt recovery from crisis-hit DHFL

The lenders, led by State Bank of India, Bank of Baroda and IDFC had moved the high court seeking a relief from an earlier order that restrained DHFL from making any payments to creditors

HC relief for SBI, other lenders in debt recovery from crisis-hit DHFL
Updated On : 14 Nov 2019 | 3:25 AM IST