Page 14 - Bank Of Baroda

Bank of Baroda rallies 7% on improved operating performance

The stock rallied 7% to Rs 166 on BSE in intra-day trade on back of heavy volumes

Cooperating with investigations in South Africa, says Bank of Baroda

The lender said some of the matters are sub-judice, including its appeal against a fine of an equivalent of Rs 50 million

Bank of Baroda cuts six-month MCLR To 8.15%, keeps one-year MCLR unchanged

The lender has also decided to discontinue the computation and declaration of MCLR for tenors above one year

Bank of Baroda seeks to sell unit Nainital Bank to bolster capital

Nainital Bank has about 135 branches spread across five states in the country

Bank of Baroda to acquire 51% stake in two JVs from UniCredit

Bank of Baroda to acquire 51% stake in Baroda Pioneer Asset Management Company and Baroda Pioneer Trustee Company from UniCredit SPA

Bank of Baroda to raise Rs 4,000 cr from bonds to fund business expansion

The fundraising would be by way of a perpetual debt instrument from domestic of overseas markets in Indian rupees

Bank of Baroda to shut Hong Kong branch, Thailand office

Hit by resource crunch, especially capital, many public sector banks are reviewing their international operations

BoB scales up supply chain finance to MSME

Bank of Baroda has sanctioned Rs 3,700 crore to anchor clients and expect to book loan business of Rs 700 crore-Rs 800 crore for supply chain finance by the end of FY18

Bank of Baroda approves proposal to raise capital worth Rs 6,000 cr via QIP

Shares of the bank ended 2.17% lower at Rs 180.50 apiece on BSE

Can BoB spearhead a recovery among PSBs?

Easing accretion of bad loans, stabilising NPA ratios are positives

Bank of Baroda Q2 profit down 35%

The bank's total Capital Adequacy Ratio was at 11.64%

Bank of Baroda cuts base rate to 9.15% per annum from Oct 1

The BPLR is 13.80 per cent per annum currently

Bank of Baroda Q1 net slumps 52% to Rs 203 cr

Gross bad loans rose to 11.40% versus 10.46% q-o-q

Bank of Baroda follows SBI, cuts savings rate by 50 bps

However, for balance above of Rs 50 lakh, the bank has retained the rate at 4%

Why Bank of Baroda is among preferred PSBs

Bank of Baroda (BoB) is among the few public sector banks (PSBs) which are better placed to reclaim the lost investor faith. According to a Bloomberg analyst poll, the stock enjoys better investor preference today than six months ago. Reasons such as its ability to walk its talk on containing bad loan formation, steady efforts to boost its retail operations and renew its focus on overall lending have been favourable. Thus, analysts believe the bank might achieve its FY18 targets and have readjusted their earnings estimates.Analysts at Nomura have raised their net profit estimate for FY18 and FY19 by one to three per cent, driven by better than expected growth in FY17. Those at Deutsche Bank have raised it by two per cent and the target price by 10 per cent, to ~220."Among all PSU banks, BoB is better positioned with an improving net interest margins, strong current account-savings account accretion, growth traction picking up and higher comfort on asset quality. Slippages and credit ..

Bank of Baroda announces PO recruitment drive

Last date to register for the entrance test is May 1, 2017

Two arrested in Rs 6,000-crore Bank of Baroda money laundering case

A total of nine people have been arrested by the ED in this case till now

Bank of Baroda tanks over 10%, m-cap loses Rs 4,446 crore

The stock tumbled 10.26% to end at Rs 168.75 on BSE

Bank of Baroda's Q3 equity capital shrinks on reinterpretation of RBI rules

May tap QIP route to raise equity from government, investors

BoB posts profit of Rs 253 crore in Q3

Sequentially, net profit was down