9 EDs appointed in various PSU banks
The government Wednesday approved appointment of nine Executive Directors (EDs) in various public sector banks, including BoB, BoI and Canara Bank.
Mar 11, 2015, 22:19 PM IST
PSU bank chiefs selection: Pvt bankers can apply, too
In a bid to attract talent from a wider pool, the Finance Ministry has invited private sector bankers, besides the regular public sector executives, to apply for the top job at five large state-owned lenders.
Feb 26, 2015, 19:22 PM IST
RBI expresses concern over delay in appointing heads of banks
Expressing concern over the delay in appointing heads of three large public sector lenders, RBI Deputy Governor S S Mundra said that the central bank has urged the government to expedite the process in this regard.
Feb 26, 2015, 19:18 PM IST
BoB to raise Rs 1,260 cr by issuing 6.44 cr fresh shares to govt
State-owned Bank of Baroda (BoB) Thursday said it will raise Rs 1,260 crore through preferential allotment of shares to the government.
Feb 26, 2015, 19:12 PM IST
Govt to infuse Rs 6,990 crore in 9 public sector banks; SBI leads the pack
Government will soon infuse Rs 6,990 crore in nine public sector banks including SBI, Bank of Baroda (BoB), Punjab National Bank (PNB) for enhancing their capital and meeting global risk norms.
Feb 07, 2015, 14:55 PM IST
Bank of Baroda shares slump 11.5% on weak Q3 earnings
Shares of Bank of Baroda (BoB) on Friday tumbled 11.5 percent after the company reported a steep 68 percent decline in net profit for the quarter ended December 31, 2014.
Jan 30, 2015, 19:47 PM IST
Bank of Baroda net nosedives 68.1% on higher provisions for taxes, NPAs
State-run lender Bank of Baroda on Friday reported a whopping 68.1 percent fall in net profit at Rs 334 crore in the December quarter on account of higher provisioning for non-performing assets and taxes.
Jan 30, 2015, 17:52 PM IST
Bank of Baroda to raise Rs 1,000 crore through bonds soon
State-owned Bank of Baroda (BoB) plans to raise Rs 1,000 crore from bonds soon to fund business expansion.
Jan 11, 2015, 15:49 PM IST
NTPC signs term loan of Rs 2,000 crore with Bank of Baroda
State-owned NTPC has announced signing of a term loan facility of Rs 2,000 crore with Bank of Baroda.
Dec 23, 2014, 16:29 PM IST
RBI slaps Rs 50 lakh penalty on ICICI Bank, Rs 25 lakh on BoB
RBI on Wednesday imposed a penalty of Rs 50 lakh on ICICI Bank and Rs 25 lakh on Bank of Baroda for violation of KYC norms after they allowed opening of accounts in the name of a statutory body by fraudsters.
Dec 17, 2014, 20:26 PM IST
Higher tax outgo crimps BoB net profit 5% at Rs 1,104 crore
State-run lender Bank of Baroda on Friday reported a 5.46 percent fall in its net profit at Rs 1,104.22 crore in the second quarter ended September 30 due to higher tax provisions.
Nov 07, 2014, 15:13 PM IST
Govt scraps selection of 6 UPA-nominated bank CMDs
A Finance Ministry statement said future vacancies of chairman and managing directors (CMDs) as well as executive directors of PSU banks will now be filled through a new selection process.
Oct 28, 2014, 12:04 PM IST
PSU banks profit plunges 27% to Rs 37,000 cr in FY14
These banks in which government owns more than 51 percent had total net profit of Rs 50,583 crore in 2012-13.
Aug 05, 2014, 19:04 PM IST
Bank of Baroda Q1 net profit rises 16% on lower provisioning
The provisioning for bad loans and contingencies made by the bank were reduced to Rs 526.71 crore for the first quarter FY15, from Rs 1,017.86 crore in the year-ago period.
Jul 28, 2014, 13:21 PM IST
Bank of Baroda Q1 net profit up 16.5% at Rs 1,362 crore
The gross NPA was up 1.7 percent at Rs 12,087 crore, as compared to Rs 11,876 crore in the same quarter previous year.
Jul 28, 2014, 11:59 AM IST
RBI lifts curb on FIIs to buy shares in Bank of Baroda
The Reserve Bank has lifted ban imposed on foreign investors to buy shares in Bank of Baroda as the foreign shareholding under portfolio investment scheme (PIS) in the bank has gone below prescribed limit.
Jul 22, 2014, 23:24 PM IST
Bankers welcome Budget, say it ushers in growth environment
Bankers on Thursday hailed Finance Minister Arun Jaitley's maiden budget, saying it would create an enabling environment for future growth.
Jul 11, 2014, 13:38 PM IST
SBI, BoB seek treatment of gold deposits as part of CRR/SLR
The country's two biggest state-run lenders Saturday pitched for treating a portion of their gold deposits as part of the mandatory cash reserve ratio (CRR) or statutory liquidity ratio (SLR), both of which banks consider as non-productive.
Jun 28, 2014, 17:25 PM IST
