Page 2 - Bank Of Baroda

SBI, Bank of Baroda and Union Bank subscribe to shares of IDRCL

Public sector banks SBI, Bank of Baroda and Union Bank on Friday said they have subscribed to 99,000 shares each of the yet to be operational asset reconstruction company IDRCL

Poonawalla Fincorp looking to exceed AUM of Rs 21,000 crore by FY23

The Poonawalla Fincorp AUM was flat at Rs 15,228 crore at the end of December 2021 against Rs 15,006 crore in December 2020

Bank of Baroda subscribes to 99,000 shares of IDRCL

Public sector Bank of Baroda on Friday said it has subscribed to 99,000 shares of asset reconstruction company India Debt Resolution Company Ltd (IDRCL).

RBI Policy impact: Nifty PSU Bank index, SBI can rally up to 12%; BoB 17%

The RBI left key rates - repo and reverse repo unmoved at 4 per cent and 3.35 per cent, respectively.

Bank of Baroda extends rally; hits over two-year high on strong Q3 results

In the past two trading days, the stock has rallied 10 per cent after the state-owned lender reported a strong earnings for the quarter ended December 2021.

Analysts see up to 41% upside in SBI, BoB; credit growth to be key driver

Shares of State Bank of India (SBI) and Bank of Baroda (BoB) jumped 3 per cent and 9.7 per cent, respectively, in intra-day trade on Monday, and hit fresh record highs of Rs 547 and Rs 117 apiece

Nifty PSU Bank index soars 5%; SBI hits record high, up 3%; BOB zooms 10%

The Nifty PSU Bank index climbed to a fresh two-year high even as the NSE benchmark slipped a per cent.

SBI, Tata Steel, IndiGo: Key levels to watch on these stocks post Q3 nos

Shares of Bank of Baroda can jump 15% as it claimed a new 52-week high

Bank of Baroda sees loan growth of 7-10% in FY22, to grow 10-12% in FY23

Bank of Baroda said it is on track to achieve a loan growth of 7-10 per cent in current financial year and expects advances to grow 10-12 per cent in financial year 2022-23, MD, CEO Sanjiv Chadha said

Bank of Baroda Q3 net profit doubles to Rs 2,197 cr on lower provisions

Asset quality of the bank improved both sequentially and on a YoY basis; provisions of the lender fell over 27% to Rs 2,506 cr

BoB Q3 results: Net profit doubles to Rs 2,197 cr

The bank reported PAT of Rs 1,061 crore in the year-ago period

SBI, Bank of Baroda to report Q3 results on Saturday; here's what to expect

According to analysts, SBI can see continued traction in their operating performance, supported by modest business growth, while BoB may see a weak Q3 earnings show

Union Budget for FY23 likely to aim at boosting growth: BoB eco report

The Union Budget for the 2022-23 financial year will aim at boosting growth, achieving fiscal consolidation and driving consumption, Bank of Baroda (BoB) said in its latest economic research report.

SBI can rally to a new high, charts show; Canara Bank, J&K have 8% upside

The Nifty PSU Bank index needs to cross 2,850 to indicate further strength

Rs 6,000-cr Bank of Baroda scam: CBI files 2 supplementary chargesheets

In the chargesheets filed before a special CBI court, the central agency has alleged that a group of people opened accounts and deposited funds in them through various other accounts

Stocks to Watch: Reliance, ITC, Paytm, BoB, FMCG, pharma, airline stocks

FMCG stocks are likely to be in focus on the back of price hike announced, while airline shares too may be on investor's radar following the fresh world-wide Coivd-19 scare

Bank of Baroda raises Rs 1,997 cr via Basel III-compliant bonds

State-owned Bank of Baroda on Friday said it has raised Rs 1,997 crore by issuing Basel III-compliant bonds. The bank had come out with a Rs 2,000 crore issue of additional tier-I bonds on November 24. "The bank has received total bid amount of Rs 5,308 crore, out of which the issuance was finalised for Rs 1,997 crore at 7.95 per cent (per annum)," BoB said in a regulatory filing. The bank said it issued a total of 1,997 bonds of Rs 1 crore each under this issue to a total of 21 allottees. To comply with Basel-III Capital Regulations, banks need to improve and strengthen their capital planning processes. These norms are being implemented to mitigate concerns on potential stresses on asset quality and consequential impact on performance and profitability of banks. Stock of Bank of Baroda traded 3.33 per cent lower at Rs 89.90 apiece on BSE.

Axis Bank, SBI: 5 bank stocks that may give up to 10% return in a month

The current market sentiment is uncertain and may provide opportunities in major stocks. Here are five bank stocks that look good on the technical charts for a 10 per cent upside in one month

Bank of Baroda Q2 net up 24% at Rs 2,088 cr on robust non-interest income

Non-interest income grew by 23 per cent to Rs 3,579 crore in Q2FY22 from Rs 2,910 crore in Q2FY21 a year ago

Bank of Baroda Q2 net profit up 24% at Rs 2,088 cr, asset quality improves

Net interest income rises 2% to Rs 7,566 cr