Page 20 - Bank Of Baroda

Bank of Baroda increases MCLR by 5 basis points days after SBI rate hike

The rise in MCLR will make home, auto and other loans costlier for customers

Bank of Baroda puts Rs 28 billion non-fund exposure under watch list

The bank is expecting slippages to be about Rs 40 billion in the current financial year

Bank of Baroda: Reduction in credit costs, loan growth to boost earnings

In Q1, advances and net interest income grew 9.4% and 28.7%, y-o-y, respectively

Bank of Baroda net profit more than doubles at Rs 5.28 billion in Q1

Bank of Baroda had posted a net profit of Rs 2.03 billion in April-June last year

Bank of Baroda Q1 net profit up over two-times at Rs 5.28 bn as NPAs drop

The bank had reported a huge net loss of Rs 31.02 bn in the previous January-March quarter

A bond-trading secret that helped one Indian bank beat its peers

The answer, according to the head of treasury and global markets at Bank of Baroda, goes back to a contrarian bet taken two years ago

Bank of Baroda hits over two-year low; falls 10% in one week

The stock is down 2% at Rs 123 on the BSE was trading at its lowest level since February 15, 2016.

BoB moves agricultural, digital banking and HR functions to Baroda

Forges alliance with IBM, Accenture for IT, data analytics

Our recoveries should improve going forward: P Jaykumar of Bank of Baroda

In a Q&A, the bank's MD and chief executive is hopeful that the lender will see some rebalancing in FY19

South Africa says Bank of Baroda holds 'proceeds of crime involving Guptas'

The crackdown on the dairy farm project came just weeks after South African President Cyril Ramaphosa replaced Zuma as head of the ruling African National Congress

Bank of Baroda objects to freezing of funds in South Africa

The court documents showed that other banks transferred cash to the same dairy farm but their money wasn't frozen

Bank of Baroda expects most provisions to have been done by H2FY19

The bank reported after the market's close on Friday that third-quarter net profit more than halved because the funds it set aside for soured loans nearly doubled from a year earlier

Bank of Baroda rallies 7% on improved operating performance

The stock rallied 7% to Rs 166 on BSE in intra-day trade on back of heavy volumes

Cooperating with investigations in South Africa, says Bank of Baroda

The lender said some of the matters are sub-judice, including its appeal against a fine of an equivalent of Rs 50 million

Bank of Baroda cuts six-month MCLR To 8.15%, keeps one-year MCLR unchanged

The lender has also decided to discontinue the computation and declaration of MCLR for tenors above one year

Bank of Baroda seeks to sell unit Nainital Bank to bolster capital

Nainital Bank has about 135 branches spread across five states in the country

Bank of Baroda to acquire 51% stake in two JVs from UniCredit

Bank of Baroda to acquire 51% stake in Baroda Pioneer Asset Management Company and Baroda Pioneer Trustee Company from UniCredit SPA

Bank of Baroda to raise Rs 4,000 cr from bonds to fund business expansion

The fundraising would be by way of a perpetual debt instrument from domestic of overseas markets in Indian rupees

Bank of Baroda to shut Hong Kong branch, Thailand office

Hit by resource crunch, especially capital, many public sector banks are reviewing their international operations

BoB scales up supply chain finance to MSME

Bank of Baroda has sanctioned Rs 3,700 crore to anchor clients and expect to book loan business of Rs 700 crore-Rs 800 crore for supply chain finance by the end of FY18