Calcutta HC asks RBI to take action against Bank of Baroda for failing to honour bank guarantee dismisses lender's appeal for default
IOCL maintained that in such circumstances and considering the conduct of Bank of Baroda, an appropriate order ought to have been passed to revoke its licence since it had acted in a manner unbecoming of a bank, a nationalised bank at that.
State-owned Bank of Baroda on Monday announced cut in its marginal cost of funds-based lending rates (MCLR) by up to 10 basis points, effective 12 February
Blockchain is at the same stage of development as the internet was in the 1990s: Pundi X Labs CEO Zac Cheah
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An exchange-traded fund (ETF) is a basket of securities that trade on an exchange, just like a stock.
State-owned Bank of Baroda (BoB) is likely to complete the process of merger of Dena Bank and Vijaya Bank with it in two years, said a senior official of BoB
Bank of Baroda shares jump nearly 7% on govt's decision to infuse Rs 5,042 crore into state-owned lender
The stock of Bank of Baroda climbed 6.62 percent to close at Rs 129.60 on the BSE. During the day, it gained 7.28 percent to Rs 130.40
Bank of Baroda slashes lending rate by 10 basis points; move will make home, auto and other loans cheaper
State-owned Bank of Baroda (BoB) on Tuesday cut benchmark lending rate by 0.1 percentage points, a move that would make home, auto and other loans cheaper
Bank of Baroda Q3 profit jumps four-fold to Rs 471 crore; total income increases to Rs 14,562.85 crore
Bank of Baroda had logged a net profit of Rs 111.78 crore in October-December 2017
The scrip of Dena Bank plummeted 19.77 percent to Rs 14.40 on BSE. Shares of Vijaya Bank plunged 7.44 percent to Rs 47.25.
Cabinet clears merger of Dena Bank, Vijaya Bank with Bank of Baroda; no impact on service conditions of employees
With the merger, Bank of Baroda will become the third largest bank after State Bank of India and ICICI 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.
State-run banks to go on nation-wide strike Wednesday; protesting against Vijaya Bank and Dena Bank's merger with Bank of Baroda
Services of state-owned banks are expected to be impacted on Wednesday due to a nation-wide strike call given by unions to protest against the proposed amalgamation of Vijaya Bank and Dena Bank with Bank of Baroda. This will be the second bank strike in less than a week.
The 'Alternative Mechanism' (AM) headed by Finance Minister Arun Jaitley had decided to merge three banks with a view to creating a global size lender, which will be stronger and sustainable.
Bank of Baroda board to consider allotment of shares to staff next week under employee stock purchase scheme
Bank of Baroda (BoB) on Thursday said its board will meet next week to consider allotment of fresh shares under the employee stock purchase scheme.
Cash-strapped IL&FS is facing serious liquidity issues and it, along with its subsidiaries, has defaulted on various debt repayments
The government announced plans to merge Bank of Baroda, Vijaya Bank and Dena Bank to create the country's third-largest lender as part of efforts to revive credit and economic growth.
The merger of Bank of Baroda, Vijaya Bank and Dena Bank by the government poses short-term challenges like spurt in bad assets, but will be beneficial over a longer term, a India Ratings report said
Bank of Baroda, Dena, Vijaya Bank merger to up operating efficiencies of new entity: Crisil Ratings report
Crisil Ratings in its report said the success of the three-way merger will be crucial as it will pave the revival path for other weak public sector banks (PSBs)
Moody’s said Bank of Baroda (BoB) and Vijaya Bank have relatively better credit metrics than Dena Bank in terms of asset quality, capitalisation and profitability.
Bank of Baroda Ltd, second-largest state-run bank by market capitalisation, fell as much as 14.2 percent on Tuesday after the government’s decision to merge it with Dena Bank and Vijaya Bank failed to enthuse investors.