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
The government has appointed Sanjiv Chadha as the new managing director and chief executive of Bank of Baroda
Union Bank of India has reduced the MCLR by 10 basis points across all tenors with effect from January 11, 2020
CRISIL believes BoB will be able to maintain adequate capitalisation over the medium term, backed by capital support from the Union government
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
AUM of both companies declined in September quarter
To comply with Basel III capital regulations, banks need to improve and strengthen their capital planning processes.
In recent months, there have been several instances of under-reporting of bad loans by lenders
The lender's performance is likely to stay subdued on weak economy, NBFC stress
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.
HDFC Bank had also cut its MCLR by 10 bps across tenures last month
Last week, the country's largest lender State Bank of India had approved diluting up to 8.25% stake in UTI AMC
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
The total dilution in the IPO could be 33 per cent
Under the pact, EHFL and BoB will share risks and rewards in creating a conducive lending ecosystem for home loan seekers
The issue, which opened on Tuesday and closed the same day, saw a total of 21 allottees through private placement of bonds
State government to issue letters of comfort undertaking to repay the banks in case of any default
It is alleged that there was illegal transfer and misuse of funds from government accounts
Elevated slippages, weak asset quality and a near-stagnant loan growth don't bode well for investors
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