Mon, May 13, 2024
Morgan Stanley has given an 'equivalent' rating on the stock. The brokerage has raised the target by Rs 10 to Rs 300 per share. On the other hand, Jefferies has provided an 'upgrade rating, City has given a 'buy rating while HSBC has given a 'hold' rating on BoB stock.
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Bank of Baroda has guided for 3.15 per cent net interest margin (NIM) for the FY25. Also, RoA or return on assets guidance has been raised to 1-1.1 per cent.
Wed, May 08, 2024
Bank of Baroda Market News: The RBI had imposed restriction on state-owned Bank of Baroda (BoB) on October 10, 2023 from onboarding new customers on its mobile app 'Bob World'.
Bank of Baroda Q4 FY24 Results Preview: PSU lender Bank of Baroda is estimated to register a 2.4 per cent year-on-year decline in standalone net profit to Rs 4,660 crore for the January-March period. The analysts estimate Bank of Baroda's net interest margin (NIM) for the fiscal fourth quarter at 3.0 per cent.
Mon, Apr 08, 2024
Punjab National Bank's total advances in the fourth quarter were up by 11.5 per cent to Rs 9.86 lakh crore Year-on-Year (YoY). Its total deposits of the bank grew by seven per cent in the fourth quarter to Rs 13.70 lakh crore. After the results, Morgan Stanley maintained an 'underweight' rating for PNB with a target price of Rs 70. On the other hand, Bank of Baroda's domestic deposits increased by 7.75 per cent to Rs 11.28 lakh crore in the fourth quarter this fiscal from Rs 10.47 lakh crore in the same quarter last year.
Fri, Apr 05, 2024
Total business of the Punjab National Bank rose 8.8 per cent to Rs 23.56 lakh crore as compared to Rs 21.65 lakh crore at the end of March 31, 2023.
Tue, Mar 26, 2024
Delhi Metro Rail Corporation (DMRC) awarded the naming rights to the bank for a period of 10 years, beginning from 2024, BoB said in a statement.
Tue, Mar 12, 2024
Bank of Baroda Earth Green Term Deposits: As part of its Environmental, Social, and Governance (ESG) initiatives, the scheme proceeds will be specifically earmarked for environment-friendly projects and sectors, according to a press release.
Wed, Mar 06, 2024
January's inflation numbers dipped to 2.9 per cent, falling into the 1 per cent-3 per cent range targeted by the BoC, but Antunes said that was not enough to convince it to cut now.
Mon, Mar 04, 2024
Gross Value Added (GVA) growth is expected at 7.2 per cent from 6.7 per cent in FY24 led by broad-based improvement across sectors, the Bank of Baroda states.
Mon, Feb 26, 2024
Bank of Baroda offers an extended repayment period of up to 84 months, allowing borrowers the flexibility of lower Equated Monthly Instalments (EMI). Read on to know the details.
Thu, Feb 22, 2024
The fund raised through the issuance of Basel III Compliant Tier-II Bonds Series XXVI and the bank received a strong response from investors, which allowed it to price the issue at a very competitive coupon rate of 7.57 per cent, BoB said in a statement.
Thu, Feb 01, 2024
Budget 2024: On Nifty Bank, six stocks advanced and six declined, with PNB being the top gainer, rising over 4 per cent.
Sat, Jan 27, 2024
Bank of Baroda Q3 FY24 Results Preview: State-run lender Bank of Baroda reported its financial results for the October-December period on Wednesday, January 31.
Mon, Jan 15, 2024
According to IDBI Capital Markets, although economic momentum likely continued in the October-December period, the RBI’s regulatory action on unsecured portfolios could play spoilsport for the BFSI sector as a whole.
Mon, Jan 08, 2024
Bank of Baroda (BANKBARODA) shares were under pressure on Monday after the PSU lender released a business update for the October-December period.
Thu, Jan 04, 2024
According to the statement, REC has signed a Memorandum of Understanding (MoU) with Bank of Baroda to facilitate joint sanctions of loans to fund power, infrastructure and logistics projects in the country over the next three years.
Fri, Nov 24, 2023
We are following RBI guidelines in giving loans to NBFCs: Bank of Baroda, ED, Joydeep Dutta Roy
Mon, Nov 06, 2023
The company announced its second-quarter results on Saturday, reporting below estimates net interest margin, which was up by 6.4 per cent.
Nifty ended 0.51 per cent higher at 19,230.6 points, while Sensex added 0.44 per cent and closed the session at 64,363.78.
Sat, Nov 04, 2023
Its total income rose to Rs 32,033 crore in the second quarter of 2023-24, compared to Rs 23,080 crore a year ago.
Fri, Nov 03, 2023
State-run Bank of Baroda is scheduled to report its financial results for the July-September period (Q2 FY24) on Saturday, November 4.
Wed, Oct 11, 2023
RBI shock to Bank of Baroda! Why pressure on BoB today? Which news spoiled the mood of the stock? Why is there a restriction on adding new customers through BoB World App?
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