Page 12 - Bank Of Baroda

Planning to raise Rs 11,900 cr in FY20 through share sale: Bank of Baroda

It has been decided to raise size of ESPS scheme to 15 crore shares with a face value of Rs 2 each as against 10 crore shares proposed in January this year

BoB narrows net loss to Rs 991 cr in Q4 on accelerated NPA provisioning

The provisions for NPAs for the fourth quarter was at Rs 5,550 versus Rs 3,416 crore in the previous quarter

BoB looks to rationalise 800-900 branches, to boost operational efficiency

With the first ever three-way merger, BoB has now become the second-largest public sector lender after State Bank of India

Bank of Baroda paints 3 brands with one brush, unpacks a new identity kit

The bank unpacks a new identity kit, aims to create awareness and present a united front for all stakeholders

Bank of Baroda hikes MCLR by 0.05%, overnight money to attract 8.3%

Similarly, for one-month and three-month tenors the interest rates have been increased to 8.30% and 8.45%, respectively

Expecting good growth in next 2 quarters: Bank of Baroda MD & CEO Jayakumar

There was no difference between pre-merger numbers of BoB and ratios after the merger, P S Jayakumar, MD and CEO Bank of Baroda says

Vijaya, Dena to become Bank of Baroda from Monday; to work as BoB outlets

The government in September last year announced the first-ever three-way consolidation of banks in India, with a combined business of Rs 14.82 lakh crore

Branches of Vijaya, Dena Bank to function as BoB outlets from April 1: RBI

Earlier this week, the government decided to infuse Rs 5,042 crore in BoB to enhance capital base of the lender ahead of the merger

Govt to infuse Rs 5,042 cr into BoB ahead of merger with Dena, Vijaya

The government in September last year had announced merger of Vijaya Bank and Dena Bank with Bank of Baroda, aiming to create the third-largest lender after SBI and ICICI Bank

BoB to develop agri-digital platform 'Baroda Kisan', inks MoUs with 6 firms

Farmers are an integral part of India, and 'Baroda Kisan' is a dedicated platform created to ease their requirements, the bank said

Bank of Baroda hits six-month high; surges 23% in one month

The stock was up 2% to Rs 127 in intra-day trade on Wednesday, its highest level since September 18, 2018 on the BSE.

Bank of Baroda to sell NPAs worth Rs 6,000 cr, including RCom debt

The bank has identified loans to 49 companies for sale

Bank of Baroda Q3 profit rises to Rs 471 crore, asset quality improves

Total income in the reported quarter increased at Rs 14,562.85 crore as compared to Rs 12,976.28 crore in the year-ago period

Favourable valuation brings cheer to investors of Bank of Baroda

While Dena and Vijaya banks are taking a huge hit on valuations, the deal is seen accretive for BoB

Vijaya Bank, Dena Bank fall; BoB gains on fixing swap ratio for merger

Dena Bank plunged 20% to Rs 14.40 and Vijaya Bank slipped 7% to Rs 47.25, while Bank Baroda was up 3% at Rs 123 on the BSE in intra-day trade.

Swap ratio fixed for Bank of Baroda merger with Vijaya, Dena bank

Vijaya, Dena shareholders to get 402 & 110 shares, respectively, of BoB for every 1,000 held

Cabinet clears merger of Dena Bank, Vijaya Bank with Bank of Baroda

With the merger, BoB will become the third largest bank after State Bank of India and ICICI Bank

BoB finalises share swap ratio for merger of Vijaya Bank, Dena 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

BoB shareholders to meet next month to consider capital raise under ESPS

The bank said the issue price under ESPS has to be decided by the board and it will be in a way so that the government holding does not come below 52%

Bank of Baroda raises over Rs 9.7 bn by issuing Basel III compliant bonds

The bank issued Basel III compliant tier II bonds of face value of Rs 1 million each amounting to Rs 9.71 billion