Page 18 - Bank Of Baroda

Bank of Baroda wants to buy Rs 6,000 crore of securitised NBFC loans in Q2

The bank is in discussions will NBFCs/HFCs such as PNB Housing Finance, Indiabulls Consumer Finance, IIFFL, Annapoorna MFI among others for loans

Bank of Baroda to raise Rs 5,500 crore capital through bonds, ESOP

CEO Jayakumar said the bonds were likely to be floated by August-end or the first week of September to raise tier II/tier I capital

Nifty outlook and trading ideas by CapitalVia: Buy Gruh Fin, Bank of Baroda

Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor

Bank of Baroda back in the black, net profit rises to Rs 710 crore in Q1

This is the bank's first quarterly result after Dena Bank and Vijaya Bank were amalgamated with Bank of Baroda

Bank of Baroda reports Q1 consolidated net profit of Rs 826 cr for June qtr

This is the lender's first earnings announcement after it merged Dena Bank and Vijaya Bank with itself

Bank of Baroda reports net profit of Rs 709.9 crore in June quarter

The public lender's net interest income (NII) came in Rs 6,498.1 crore

Bank of Baroda Q1 preview: NII could rise 34% YoY; merged entity's nos eyed

On a standalone basis, analysts are eyeing a pre-provision profit for Bank of Baroda of up to Rs 4,765 crore the quarter under review

Bank of Baroda recruitment 2019: Apply for 35 IT Specialist Officers' post

Bank of Baroda will be hiring 35 IT Specialist Officers. Here's how to be a part of BoB's recruitment 2019

Bank of Baroda begins post-merger innings on a strong wicket; stock rises

While the merger with Dena Bank and Vijaya Bank was concluded mostly in line with the management's guidance, it does throw up fresh challenges for the bank

Bank of Baroda down 1% post report of Rs 3,000 cr loan purchase from DHFL

Since BoB had an exposure of close to Rs 6,500 crore to DHFL, this will be pared by a little less than Rs 3,000 crore, the report added.

Bank of Baroda expects uptick in education loans, targets 11% market share

BoB is targetting a post-consolidation market share in education loans of 11%

Bank of Baroda puts Bhushan Power & Steel, 66 other accounts on block

As resolution through the insolvency courts keep getting delayed inordinately, the state-run Bank of Baroda has put on sale non-performing loans amounting to Rs 9,060 crore, including two large accounts - Bhushan Power & Steel and Alok Industries which are undergoing insolvency process but delayed. While Bhushan Power & Steel dues are to the tune of Rs 2,099 crore, Alok Industries dues are Rs 903 crore. Both these companies are among the 12 largest stressed accounts which the Reserve Bank had asked banks to refer to National Company Law Tribunals for resolution in June 2017 and forms the first list put out by the monetary authority in the mid-2016. The third largest lender had put Bhushan Power & Steel on sale in December 2018 but could not find a buyer. Besides these two big accounts, the bank is also looking to sell 65 other medium and small-size stressed accounts worth Rs 6,057 crore, only on cash basis, according to the information on the bank's ...

Planning to raise Rs 11,900 cr in FY20 through share sale: Bank of Baroda

It has been decided to raise size of ESPS scheme to 15 crore shares with a face value of Rs 2 each as against 10 crore shares proposed in January this year

BoB narrows net loss to Rs 991 cr in Q4 on accelerated NPA provisioning

The provisions for NPAs for the fourth quarter was at Rs 5,550 versus Rs 3,416 crore in the previous quarter

BoB looks to rationalise 800-900 branches, to boost operational efficiency

With the first ever three-way merger, BoB has now become the second-largest public sector lender after State Bank of India

Bank of Baroda paints 3 brands with one brush, unpacks a new identity kit

The bank unpacks a new identity kit, aims to create awareness and present a united front for all stakeholders

Bank of Baroda hikes MCLR by 0.05%, overnight money to attract 8.3%

Similarly, for one-month and three-month tenors the interest rates have been increased to 8.30% and 8.45%, respectively

Expecting good growth in next 2 quarters: Bank of Baroda MD & CEO Jayakumar

There was no difference between pre-merger numbers of BoB and ratios after the merger, P S Jayakumar, MD and CEO Bank of Baroda says

Vijaya, Dena to become Bank of Baroda from Monday; to work as BoB outlets

The government in September last year announced the first-ever three-way consolidation of banks in India, with a combined business of Rs 14.82 lakh crore

Branches of Vijaya, Dena Bank to function as BoB outlets from April 1: RBI

Earlier this week, the government decided to infuse Rs 5,042 crore in BoB to enhance capital base of the lender ahead of the merger