The lender continues to be among the better capitalised PSBs, with a common equity tier 1 of 9.05 per cent in the first half of the current fiscal, against 9.23% in FY18
Improvement in asset quality led by strong operational growth are key positives for shareholders
If a name does not unify the three, there could be continued clash of identities, which could splinter the brand even before it takes shape
He firmly believes that although BoB is a public sector bank, a lot can be done internally without government intervention
The extension is being seen as an important move aimed at steering the proposed merger of Bank of Baroda, Vijaya Bank and Dena Bank
The action comes a day after another international rating agency Moody's affirmed ratings of Bank of Baroda, and kept outlook on all the ratings as stable
Sharp fall in share price mirrors near-to-medium term challenges, with many brokerages downgrading their earlier rating
Dena Bank hit an upper circuit limit of 20 per cent in the opening deals while Vijaya Bank was trading flat at Rs 60.20 apiece on BSE, up 0.67 per cent.
The rise in MCLR will make home, auto and other loans costlier for customers
The bank is expecting slippages to be about Rs 40 billion in the current financial year
In Q1, advances and net interest income grew 9.4% and 28.7%, y-o-y, respectively
Bank of Baroda had posted a net profit of Rs 2.03 billion in April-June last year
The bank had reported a huge net loss of Rs 31.02 bn in the previous January-March quarter
The answer, according to the head of treasury and global markets at Bank of Baroda, goes back to a contrarian bet taken two years ago
The stock is down 2% at Rs 123 on the BSE was trading at its lowest level since February 15, 2016.
Forges alliance with IBM, Accenture for IT, data analytics
In a Q&A, the bank's MD and chief executive is hopeful that the lender will see some rebalancing in FY19
The crackdown on the dairy farm project came just weeks after South African President Cyril Ramaphosa replaced Zuma as head of the ruling African National Congress
The court documents showed that other banks transferred cash to the same dairy farm but their money wasn't frozen
The bank reported after the market's close on Friday that third-quarter net profit more than halved because the funds it set aside for soured loans nearly doubled from a year earlier