Bank of Baroda

Bank of Baroda joins rate cut bandwagon, slashes lending rates by up to 0.75%

Joining the rate cut bandwagon, Bank of Baroda on Thursday lowered its lending rates by up to 0.75 percent -- which will lead to cheaper home and corporate loans.

 

Jan 05, 2017, 18:13 PM IST

Demonetisation: 10 cases, 16 arrests so far by CBI for violation of rules

The CBI on Tuesday lodged a case against a Bank of Baroda official in Kolkata for converting old currency in violation of rules.

Dec 13, 2016, 23:04 PM IST

Demonetisation impact: Bank of Baroda cuts lending rate by 0.2%

As banks continue to be flushed with deposits thanks to demonetisation move of the Modi government, state-owned Bank of Baroda has cut benchmark lending rates by 0.2 percent.

Dec 06, 2016, 18:45 PM IST

Chetan Bhagat demands good execution of demonetisation move, says 'don't use patriotism as excuse for bad operations'

As banks and ATMs on continue to witness chaos, famous novelist Chetan Bhagat on Saturday opined, while demonetisation might be well-intentioned, the poor execution of an idea leads to problems for ordinary citizens.

Nov 12, 2016, 11:45 AM IST

BoB cuts MCLR rate by 10 bps across tenors

State-owned Bank of Baroda on Saturday reduced the marginal cost of fund (MCLR) based interest rates by 0.10 percentage point across different tenors with effect from November 7.

Nov 05, 2016, 21:57 PM IST

Bank of Baroda to raise up to Rs 2,000 crore via bonds

Public sector lender Bank of Baroda on Saturday said it proposes to raise up to Rs 2,000 crore on private placement basis to meet Basel III requirements.

Oct 15, 2016, 17:07 PM IST

Bank of Baroda endorses Olympians P V Sindhu, K Srikanth

Bank of Baroda logo will now appear on the centre chest of the two athletes' playing jerseys in international and domestic tournaments under the aegis of Badminton World Federation Events- (BWF) and Badminton Association of India-sanctioned events, respectively.

Oct 13, 2016, 16:40 PM IST

Bank of Baroda's total business takes Rs 90,000-crore hit in 2015-16

Shrinking loan portfolio and deposit base squeezed total business of state-owned Bank of Baroda (BoB) by nearly Rs 90,000 crore in 2015-16 despite a robust GDP growth of 7.6 percent during the fiscal.

Aug 25, 2016, 18:23 PM IST

Bank of Baroda Q1 net dives 60% to Rs 423.62 crore as bad loans surge

Public sector Bank of Baroda on Thursday reported a massive 60 percent plunge in its standalone net profit at Rs 423.62 crore for the first quarter ended June 2016, hit by higher provisions for bad loans and contingencies.

Aug 11, 2016, 11:28 AM IST

RBI fines HDFC, Bank of Baroda and PNB for negligence

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Jul 25, 2016, 22:15 PM IST

RBI imposes Rs 5 cróre penalty on Bank of Baroda

The Reserve Bank of India (RBI) has penalised the Bank of Baroda (BoB) Rs 5 crore ($754,000) for irregularities in anti-money laundering (AML) provisions that came to light in October 2015 during its audit, the public sector lender said here on Monday.

Jul 25, 2016, 13:19 PM IST

Vijay Mallya's Pilibhit-based 'guarantor' charges Bank of Baroda for defamation

Charging for defamation, Vijay Mallya's Pilibhit-based 'guarantor' farmer Manmohan Singh has issued a legal notice to Bank of Baroda's Mumbai regional office and its local branch for freezing two of his bank accounts recently.

Jun 11, 2016, 21:54 PM IST

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Jun 03, 2016, 12:37 PM IST

Read how SBI seized Vijay Mallya's Kingfisher Villa in Goa!

Mallya's ‘Kingfisher Villa’ situated near Candolim beach was taken over by SBI.

May 16, 2016, 18:08 PM IST

Bank of Baroda posts Rs 3,230 crore loss in Q4 as NPAs spike

Pulled down by heavy provisions for bad assets, state-run Bank of Baroda on Friday reported a loss of Rs 3,230.14 crore for the March quarter, the second highest quarterly loss in the Indian banking history.

May 13, 2016, 19:09 PM IST

Black money: SC asks SIT to look into Bank of Baroda scam

The Supreme Court Tuesday directed the Special Investigation Team (SIT) on black money to look into a fresh plea seeking a probe into the recent Bank of Baroda scam case.

Apr 26, 2016, 21:21 PM IST

BoB to convert Andrew Yule debt to equity; divestment on cards

The Government on Wednesday cleared conversion of Bank of Baroda's Rs 29.91 crore loan to Andrew Yule & Co into equity shares, paving the way for disinvestment of the Kolkata-based PSU in the next three months.

Apr 06, 2016, 17:27 PM IST

Bank of Baroda aftereffects: CBI to engage with IBA

CBI Director Anil Sinha will be meeting heads of banks in the country at a seminar in the first week of March in Mumbai where issues related to banking frauds will be discussed.

Feb 17, 2016, 23:13 PM IST

Bank of Baroda shares spurt over 22% on hopes of profit after Q3 loss

After surging 24.18 percent to Rs 142 in intra-day trade, shares of the company finally ended at Rs 139.55, reflecting a sharp gain of 22.04 percent on BSE.

Feb 15, 2016, 18:06 PM IST

Bank of Baroda forex scam: RBI finds irregularities in banks' transactions

Various irregularities by banks such as non-submission and inordinate delays in filing of Suspicious Transaction Reports (STRs), besides opening of accounts by several entities without fulfilling KYC norms, have been noticed by Reserve Bank of India.

Feb 15, 2016, 16:56 PM IST