IndiaCatalog.com
  • Home
  • Web Directory
  • Classifieds
  • Yellow Pages
  • Global Directory
  • City Guide
  • News
  • Photo Galleries
  • Home
  • News
  • Bank Of Baroda Related news

Bank Of Baroda Related news

Bank of Baroda to co-lend Rs 1,000 crore with NBFCs this quarter

Bank of Baroda to co-lend Rs 1,000 crore with NBFCs this quarter

The country’s second largest state-owned lender, Bank of Baroda, on Monday announced that it had plans to lend up to Rs 1,000 crore in tandem with 16 non-banking financial companies (NBFCs) and microfinance institutions (MFIs) in the current quarter.

With this step, the bank will get new accounts, to whom they will be cross-selling other products as well. At the same time, NBFCs will get an opportunity to grow their business – asset under management – without facing any capital constraints or funding related challenges.

BoB, PNB, other lenders hold 2-day meeting to generate ideas for growth

BoB, PNB, other lenders hold 2-day meeting to generate ideas for growth

Public sector lenders, including PNB, BoB and Corporation Bank, have organised a two-day consultation process at branch level, seeking suggestions to make the sector future ready and be a catalyst in economic growth. The consultations were held over a period of two days from August 17-18 under the direction of Department of Financial Services, Ministry of Finance.

Bank of Baroda net profit rises 28% in Q1

Bank of Baroda net profit rises 28% in Q1

Bank of Baroda (BoB) on Thursday reported a 28% year-on-year rise in its consolidated net profit at Rs 826.13 crore for the June quarter of 2019-20 financial year. This is the lender’s first earnings announcement after it merged Dena Bank and Vijaya Bank with itself.

In the year-ago period, Bank of Baroda’s consolidated net profit was at Rs 645.71 crore.

Bank of Baroda cut savings rate to 3.25%

Bank of Baroda cut savings rate to 3.25%

India’s second largest public sector lender, Bank of Baroda, has cut its savings deposit interest rates by 25 basis points (bps) to 3.25% per annum, which is the lowest among its peers. The rate has been revised on saving accounts with balance below Rs 50 lakh and are applicable with effect from July 20. The bank last week also cut its term deposit rates across tenures; for 1-year term deposit, interest rate was cut 25 bps to 6.45% per annum.

Bank of Baroda revises fixed deposit (FD) rates. Check out the latest rates here

Bank of Baroda revises fixed deposit (FD) rates. Check out the latest rates here

Public sector lender, Bank of Baroda (BoB) revised its interest rates on fixed deposits (FDs) effective 20 July 2019. Bank of Baroda offers interest rates ranging from 4.50% p.a. to 6.60% p.a. for FD with tenures ranging from seven days to 10 years. The bank has reduced the rate of interest across all maturities. FD rates of Bank of Baroda now range from 5.25% p.a. to 6.25% p.a. on deposits with a tenure of 7 days to less than one year.

Bank of Baroda to foray into e-commerce business

Bank of Baroda to foray into e-commerce business

New Delhi: Bank of Baroda plans to launch an online marketplace to its customers offering banking services and farm-related products.

The state-owned lender has invited bids seeking a partner to supply 'digital commerce platform' to provide assistance to merchants on catalog management, purchase management fulfilment, pricing, promotion and other similar services.

Bank of Baroda down 1% post reports it has bought DHFL loans worth Rs 3k cr

Bank of Baroda down 1% post reports it has bought DHFL loans worth Rs 3k cr

Shares of Bank of Baroda (BoB) slipped 2 per cent to Rs 120 apiece in the early morning trade on Monday after reports surfaced the state-run lender has entered into a transaction with Dewan Housing Finance Corporation(DHFL) to buy loans worth Rs 3,000 crore against its exposure to the non-bank lender.

Bank of Baroda expects uptick in education loans, targets 11% market share

Bank of Baroda expects uptick in education loans, targets 11% market share

Even as Indian banks reported an uptick in stressed education loans, public sector lender Bank of Baroda (BoB) expects a growth in education loans portfolio during the financial year 2019-20.

According to the Indian Banks’ Association (IBA), the non performing assets (NPA) in the education vertical jumped to 8.97% in March 2018 vis-a-vis 7.29% in March 2016. The bad loans of public sector banks (PSB) in the education sector stood at 5.70% in March 2015.

Bank of Baroda Rating | Reduce — Performance in quarter was stable

Bank of Baroda Rating | Reduce — Performance in quarter was stable

A steady core and curtailed incremental stress are the key characteristics of Bank of Baroda’s (BoB’s) Q4FY19 results. That said, higher provisions (due to seasoning and a markdown of a few assets) led to a loss of `9.9 bn.

Key highlights: (i) Slippages were restricted at `37.5 bn (3.3%, >30% from corporate book, largely IL&FS). Though coverage improved to about 67% and NNPLs fell to 3.3%, the exposure to DHFL, ADAG, etc. raises concern.

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

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

Public sector lender Bank of Baroda has reported a net loss of Rs 991 crore in the last quarter of FY19, much less than the Rs 3,102-crore net loss that it reported during the same period last year.

The loss reported by the lender is on account of accelerated NPA provisioning for its telecom and IL&FS exposure. It has also provided fully for its exposure to Bhushan Steel and Alok Industries. The bank, however, had posted a profit of Rs 471.25 crore in Q3FY19.

  • Previous
  • 1
  • 2
  • 3
  • 4
  • 5
  • Next

Post a FREE Classified Advertisement

Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on Cootera.com Classifieds Website.

Most Read News

IndiaCatalog News
Global Covid-19 cases top 111.3 mn, death toll over 2.46 mn: Johns Hopkins
IndiaCatalog News
COVID-19: Fresh curbs on gatherings from March 1 in THIS state, details here
IndiaCatalog News
MP: Minister sits on 50-ft-high hammock for two hours every day to get mobile network
IndiaCatalog News
All gatherings banned in Maharashtra from Monday: CM Thackeray amid rising COVID-19 cases
IndiaCatalog News
Puducherry CM Narayanasamy walks out of Assembly as Congress government loses trust vote

CORPORATE NEWS

Bharat Sanchar Nigam Limited (BSNL)
Bharat Sanchar Nigam Limited (BSNL)
Unitech Limited
Unitech Limited
Larsen & Toubro Limited
Larsen & Toubro Limited
Bajaj Auto Limited
Bajaj Auto Limited
Essar Steel
Essar Steel
Siemens Limited
Siemens Limited
N I I T
N I I T
Bombay Stock Exchange - BSE
Bombay Stock Exchange - BSE

PHOTO GALLERY

Sahasam Swasaga Sagipo
Sahasam Swasaga Sagipo
Renault Scala
Renault Scala
Shraddha Kapoor
Shraddha Kapoor
Jai Lava Kusa
Jai Lava Kusa
Bahubali
Bahubali
bodyguard
bodyguard
Maruti Suzuki Celerio ZXi
Maruti Suzuki Celerio ZXi
Best Actor-PawanKalyan Gabbar Singh
Best Actor-PawanKalyan Gabbar Singh
IndiaCatalog.com

IndiaCatalog.com is a website brought to you by Portland Technologies to provide directory of Indian websites, News, City Guides and profiles of Indian Businesses. Portland Technologies also provides IT solutions for Small and Medium Businesses in India.


Products

India Web Directory

Global Web Directory

Yellow Pages

Photo Galleries

FREE India Classifieds


Useful links

About us

Advertise

Link to us

Submit a Site

Business Reviews


Contact

Plot #37, Ramnagar Gundu, Hyderabad - 500 044

service@indiacatalog.com

+91-40-23756949


© Copyright: IndiaCatalog.com