Page 19 - Bank Of Baroda

Govt to infuse Rs 5,042 cr into BoB ahead of merger with Dena, Vijaya

The government in September last year had announced merger of Vijaya Bank and Dena Bank with Bank of Baroda, aiming to create the third-largest lender after SBI and ICICI Bank

BoB to develop agri-digital platform 'Baroda Kisan', inks MoUs with 6 firms

Farmers are an integral part of India, and 'Baroda Kisan' is a dedicated platform created to ease their requirements, the bank said

Bank of Baroda hits six-month high; surges 23% in one month

The stock was up 2% to Rs 127 in intra-day trade on Wednesday, its highest level since September 18, 2018 on the BSE.

Bank of Baroda to sell NPAs worth Rs 6,000 cr, including RCom debt

The bank has identified loans to 49 companies for sale

Bank of Baroda Q3 profit rises to Rs 471 crore, asset quality improves

Total income in the reported quarter increased at Rs 14,562.85 crore as compared to Rs 12,976.28 crore in the year-ago period

Favourable valuation brings cheer to investors of Bank of Baroda

While Dena and Vijaya banks are taking a huge hit on valuations, the deal is seen accretive for BoB

Vijaya Bank, Dena Bank fall; BoB gains on fixing swap ratio for merger

Dena Bank plunged 20% to Rs 14.40 and Vijaya Bank slipped 7% to Rs 47.25, while Bank Baroda was up 3% at Rs 123 on the BSE in intra-day trade.

Swap ratio fixed for Bank of Baroda merger with Vijaya, Dena bank

Vijaya, Dena shareholders to get 402 & 110 shares, respectively, of BoB for every 1,000 held

Cabinet clears merger of Dena Bank, Vijaya Bank with Bank of Baroda

With the merger, BoB will become the third largest bank after State Bank of India and ICICI Bank

BoB finalises share swap ratio for merger of Vijaya Bank, Dena Bank

The government in September last year had announced merger of state-owned Vijaya Bank and Dena Bank, with larger peer Bank of Baroda, aiming to create the third largest lender after SBI and ICICI Bank

BoB shareholders to meet next month to consider capital raise under ESPS

The bank said the issue price under ESPS has to be decided by the board and it will be in a way so that the government holding does not come below 52%

Bank of Baroda raises over Rs 9.7 bn by issuing Basel III compliant bonds

The bank issued Basel III compliant tier II bonds of face value of Rs 1 million each amounting to Rs 9.71 billion

India Ratings affirms Bank of Baroda at 'AAA' with a stable outlook

The lender continues to be among the better capitalised PSBs, with a common equity tier 1 of 9.05 per cent in the first half of the current fiscal, against 9.23% in FY18

Bank of Baroda's strong Q2 results instills confidence in investors

Improvement in asset quality led by strong operational growth are key positives for shareholders

BoB-Vijaya-Dena Bank merger: The challenges in crafting a single brand

If a name does not unify the three, there could be continued clash of identities, which could splinter the brand even before it takes shape

BoB chief faces these challenges ahead of merger with Vijaya, Dena Bank

He firmly believes that although BoB is a public sector bank, a lot can be done internally without government intervention

Govt extends Jayakumar's term as Bank of Baroda's MD & CEO by a year

The extension is being seen as an important move aimed at steering the proposed merger of Bank of Baroda, Vijaya Bank and Dena Bank

Fitch places Bank of Baroda's viability rating on 'rating watch negative'

The action comes a day after another international rating agency Moody's affirmed ratings of Bank of Baroda, and kept outlook on all the ratings as stable

Bitter merger pill for Bank of Baroda investors, stock falls over 16%

Sharp fall in share price mirrors near-to-medium term challenges, with many brokerages downgrading their earlier rating

Bank of Baroda tanks 14%, Dena Bank hits upper circuit on merger news

Dena Bank hit an upper circuit limit of 20 per cent in the opening deals while Vijaya Bank was trading flat at Rs 60.20 apiece on BSE, up 0.67 per cent.