Wed, Nov 20, 2024
PSU bank stock to BUY: Bank of Baroda is the third largest public sector bank in the country and has a loan book of Rs 11.43 lakh crore. The bank's deposit base is Rs 13.63 lakh crore.
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Mon, Nov 18, 2024
The recent outflow of capital by foreign investors from emerging markets, including India, is attributed to a knee-jerk reaction to global developments.
Mon, Nov 04, 2024
State-owned NBCC arm Hindustan Steelworks Construction Ltd (HSCL) has bagged a Rs 65 crore contract in Bengaluru from Bank of Baroda.
Tue, May 29, 2018
The strike is carried on the back of a salary hike demand of 2% made by the Indian Banks Association (IBA).
Thu, May 10, 2018
BoB Recruitment 2018 notification: Candidates should notice the important dates for Sales Executive & Other Posts, because the online application day has begun from May 2, 2018, and the last date for the same is May 25, 2018. The candidates will be selected on the basis of a written examination, group discussion followed by a Personal Interview. For complete details, candidates can go through the official notification issued by the Bank of Baroda.
Mon, Apr 23, 2018
The Bank of Baroda recruitment 2018 updates can be checked at bankofbaroda.co.in. It should be noted that the selected candidate will be required to sign an employment contract
Wed, Apr 04, 2018
The FIU said the bank failed to have effective internal system in place for disposal of 8,692 alerts, detecting and reporting suspicious transactions, failure in carrying out effective customer due diligence in respect of 73 accounts, delayed filing of 8,822 EFT (electronic funds transfer) reports and failure to file EFT reports in respect of transactions in two separate accounts.
Tue, Feb 27, 2018
The Income Tax Department on Monday said it has filed six cases for the prosecution of Rotomac owner Vikram Kothari in connection with the Rs 3,695 crore bank loan default case involving Bank of Baroda.
Fri, Feb 23, 2018
Kothari, who was called at the CBI headquarters in New Delhi for questioning, and Rahul were not cooperating in the investigation that led to their arrest.
Tue, Feb 20, 2018
The I-T department has so far attached 11 bank accounts in connection with an alleged tax evasion probe against the Rotomac group and its promoters.
In the wake of Rs 11,000 crore fraud at Punjab National Bank, the biggest ever in the banking history, other banks have woken up to plug loopholes in the system. Several banks have reportedly started moving their officials holding same positions for more than three years.
Rotomac's Vikram Kothari had established a group company, Rave Entertainment, to set up a multiplex business in cities such as Meerut, Chandigarh, Panipat, Sonepat, Agra and Noida.
Mon, Feb 19, 2018
The Nifty PSU Bank index closed 2.38% down after falling as much as 6% during the day
The domestic market is expected to open higher tracking positive trend seen in Asian markets, which ticked up, joining a global recovery for equity markets as sentiment improved gradually from a recent shakeout that stemmed from fears of creeping inflation and higher borrowing costs.
Fri, Feb 09, 2018
The bank had posted a net profit of Rs 253 crore in the October-December period of 2016-17
Thu, Jan 25, 2018
Eleven weak banks facing prompt corrective action (PCA) are to be given a total of Rs 52,311 crore to maintain their minimum capital requirement, while nine strong banks will get Rs 35,828 crore.
Wed, Dec 27, 2017
State Bank of India (SBI), Punjab National Bank (PNB), Bank of Baroda (BoB) and Life Insurance Corporation (LIC) are having their own mutual funds and at the same time they hold 18.24 per cent stake each in UTI AMC.
Wed, Dec 13, 2017
To further hasten Indian customers` move to the Cloud, Microsoft on Wednesday launched Azure Stack for India which is an extension of the company`s Azure Cloud platform.
Wed, Dec 06, 2017
The wider Nifty hit a low of 10,033.35 before finishing at 10,044.10, down 74.15 points or 0.73 per cent. It had touched a high of 10,104.20 in early trade.
Sun, Dec 03, 2017
Some banks have already got approval from the finance ministry while others are in the process of getting the green signal for raising capital either through private placement or the rights issue, they said.
Tue, Nov 14, 2017
Net profit dropped to 3.55 billion rupees ($54.26 million)for the quarter ended Sept. 30, from 5.52 billion rupees a year earlier, India`s fifth-largest bank by assets said.
Thu, Sep 28, 2017
As per the new rates by Bank of Baroda, base rate will be 9.15% per annum as against existing 9.50% per annum.
Thu, Aug 17, 2017
Customers having balance account below Rs 50 lakh will earn interest rates the new interest rate of 3.50% per annum - a 50 basis points cut from previous rate.
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