Bank Of-baroda

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Bank Of-baroda - Total results - 251
Collaboration using blockchain technology is key to solving a lot of systemic issues in banking sector says IBM's Jitan Chandanani
News & Analysis

Collaboration using blockchain technology is key to solving a lot of systemic issues in banking sector says IBM's Jitan Chandanani

In the first phase of this network, the banks set up a live network for supply-chain vendors across India to register themselves

Bharat Bandh: Transport, banking hit in several states as Left, Congress-backed unions go on strike; vandals torch vehicles in Bengal
India

Bharat Bandh: Transport, banking hit in several states as Left, Congress-backed unions go on strike; vandals torch vehicles in Bengal

The day-long Bharat Bandh called by 10 trade unions was hit normal life in the statesof West Bengal, Assam and Odisha, while it evoked a lukewarm response in many states including Maharashtra, Karnataka and Tripura.

Bharat Bandh 2020 Updates: TMC, CPM spar over violence in Bengal; parties without political existence indulging in cheap tactics, alleges Mamata Banerjee
India

Bharat Bandh 2020 Updates: TMC, CPM spar over violence in Bengal; parties without political existence indulging in cheap tactics, alleges Mamata Banerjee

Bharat Bandh 2020 Updates:Hitting out at the Left and the Congress, Chief Minister Mamata Banerjee said on Wednesday that those who don't have any political existence in the state are trying to ruin its economy by pursuing "cheap politics" of strikes.

Bharat Bandh 2020: Banking, transport services set to be impacted as trade unions call for strike against Centre's labour policies
India

Bharat Bandh 2020: Banking, transport services set to be impacted as trade unions call for strike against Centre's labour policies

In West Bengal, trade unions affiliated to Left and other parties called for a Bharat bandh against the economic policies of the BJP government. However, the TMC-led state government said it will not support any bandh.

Bharat bandh likely to affect banking, ATM services on 8 January; online services may function normally
Business

Bharat bandh likely to affect banking, ATM services on 8 January; online services may function normally

Apart from banking services, ATM services are also expected to be affected during the one-day Bharat bandh, said the report.

Bank of Baroda raises Rs 920 cr by issuing Basel III compliant bonds on private placement basis
Business

Bank of Baroda raises Rs 920 cr by issuing Basel III compliant bonds on private placement basis

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

Allahabad Bank shares jump 11% on fresh capital infusion; lender to receive Rs 2,153 cr from govt this financial year
Business

Allahabad Bank shares jump 11% on fresh capital infusion; lender to receive Rs 2,153 cr from govt this financial year

Allahabad Bank had not featured in the list of banks that were approved a total fresh capital infusion of Rs 55,250 crore, as announced on August 30 by the government.

NPA divergence of Rs 29,000 cr in 12 banks: Why there is more to accounting jugglery than meets the eye
Business

NPA divergence of Rs 29,000 cr in 12 banks: Why there is more to accounting jugglery than meets the eye

Starting with private sector lender Yes Bank to the country’s largest lender, SBI, a dozen banks have reported divergence on their gross NPAs that has taken the shareholders by surprise.

Bank of Baroda gains over 4% after share purchase pact with Ansa Merchant Bank, to sell lender's Trinidad & Tobago business
Business

Bank of Baroda gains over 4% after share purchase pact with Ansa Merchant Bank, to sell lender's Trinidad & Tobago business

Bank of Baroda Trinidad & Tobago started its operations in October 2007 as a wholly-owned overseas subsidiary.

Bank of Baroda shares climb over 3% after share purchase agreement with Ansa Merchant Bank
Business

Bank of Baroda shares climb over 3% after share purchase agreement with Ansa Merchant Bank

Bank of Baroda (BoB) Trinidad & Tobago started its operations in October 2007 as a wholly-owned overseas subsidiary

Banks cut MCLR after RBI keeps repo rates unchanged; here is a look at revised interest structure
Business

Banks cut MCLR after RBI keeps repo rates unchanged; here is a look at revised interest structure

On 9 December, the country's largest lender SBI announced the reduction in its marginal cost of MCLR by 10 basis points across all one-year products.

Bank of Baroda cuts one-year MCLR to 8.25% after repo rate unchanged in monetary policy review
Business

Bank of Baroda cuts one-year MCLR to 8.25% after repo rate unchanged in monetary policy review

The one-year MCLR is used as a benchmark for setting most of the personal loans such as home and auto

Govt bowls a googly in corporate tax cut bill, implications of low labour force participation rate; read this and more on Moneycontrol Pro
Business

Govt bowls a googly in corporate tax cut bill, implications of low labour force participation rate; read this and more on Moneycontrol Pro

The government has introduced a bill in Parliament to implement the new corporate tax rates and replace the ordinance promulgated in September 2019.

RBI slaps Rs 2.50 cr fine on Bank of Baroda for non-compliance of directions on Bihar NGO
Business

RBI slaps Rs 2.50 cr fine on Bank of Baroda for non-compliance of directions on Bihar NGO

Bank of Baroda on Tuesday said the RBI has imposed Rs 2.50 crore fine for non-compliance of directions issued to it with regard to Bihar-based NGO Srijan Mahila Vikas Sahyog Samiti Ltd

DHFL crisis: High Court says mortgage financier can provide payments to SBI, other lenders with which it has securitisation deals
Business

DHFL crisis: High Court says mortgage financier can provide payments to SBI, other lenders with which it has securitisation deals

DHFL can make all the future payments as well as those payments that were due since October 10 when the court had passed the earlier order, the judge said

Bank of Baroda shares jump over 5% to Rs 98.90 on back of 73% surge in September-quarter net profit
Business

Bank of Baroda shares jump over 5% to Rs 98.90 on back of 73% surge in September-quarter net profit

State-owned Bank of Baroda on Friday reported a jump of 73.2 percent in its net profit to Rs 736.68 crore in the second quarter ended 30 September.

Bank of Baroda net profit jumps 73% to Rs 737 cr in September quarter; lender's gross NPAs decline
Business

Bank of Baroda net profit jumps 73% to Rs 737 cr in September quarter; lender's gross NPAs decline

Bank of Baroda raised the provisions for bad loans and contingencies to Rs 4,209.16 crore for the quarter, from Rs 2,429.54 crore a year ago.

Over 3,400 branches of 26 public sector banks closed or merged in last 5 years: RTI
Business

Over 3,400 branches of 26 public sector banks closed or merged in last 5 years: RTI

Over 3,400 branches of 26 public sector banks (PSBs) have been either closed or merged during the last five financial years due to merger under the consolidation exercise in the banking space, revealed an RTI query

Banking services likely to be partially affected today as employees unions call for 24-hour strike; RBI, SBI to function normally
Business

Banking services likely to be partially affected today as employees unions call for 24-hour strike; RBI, SBI to function normally

Regional Rural Banks and cooperatives banks will also not participate in the strike as mergers do not affect them, sources said.

Credit growth at banks falls to lowest level in nearly two years as slowing consumption weighs on demand: RBI report
Business

Credit growth at banks falls to lowest level in nearly two years as slowing consumption weighs on demand: RBI report

Lending growth by banks had nearly halved to 8.8 percent at the end-September from the start of the year.