Bank of Baroda (BoB) has received a demand order of ₹1,067.82 crore from the Faceless Assessment Unit, Income Tax Department, pertaining to Assessment Year (AY) 2017-18. The public…
Read more Bank of Baroda receives ₹1,068 crore demand order from IT DeptBank of Baroda (BoB) is planning to add more heft to its balance sheet. India’s second largest public sector bank (PSB) is laying the groundwork to double its…
Read more Bank of Baroda plans to double its total business to ₹48 lakh crore in 5 yearsThe Reserve Bank of India‘s direction to Bank of Baroda to suspend onboarding of customers through its mobile application, bob World, is likely to impact the bank’s ability to sustain…
Read more RBI’s directive to BoB on mobile app likely to impact its ability to sustain growth: Ind-RaBank of Baroda’s net profit for Q2 FY24 rose 28.4 per cent y-o-y to ₹4,253 crore, led by 25 per cent growth in operating income to ₹15,002 crore and…
Read more Bank of Baroda PAT up 28% on strong operating metrics, better loan qualityThe cumulative increase of 250 basis points (bps) repo rate by the Reserve Bank of India (RBI) and the reaction of banks in terms of transmission has still…
Read more Interest cost for borrowers still below pre-pandemic level: BoB reportA consortium of five investors led by Gaja Capital is seen as the front-runner for Nainital Bank, a wholly owned subsidiary of Bank of Baroda. Piramal Alternatives, the…
Read more Gaja Capital, Piramal Alternatives-led consortium in race for Nainital BankState-owned Bank of Maharashtra (BoM) has emerged as the top performer among public sector lenders in loan and deposit growth in percentage terms during Q1 FY24. The deposit…
Read more Bank of Maharashtra tops PSU lenders chart in loan, deposit growth in Q1Bank of Baroda’s (BoB) first-quarter standalone net profit jumped 88 per cent YoY to ₹4,070 crore, buoyed by a sharp rise in other income, including treasury gains, healthy…
Read more Bank of Baroda Q1 net profit jumps 88% YoYThe Appointments Committee of the Cabinet (ACC) has given its nod for the extension of the term of Bank of Baroda’s incumbent chief executive Sanjiv Chadha till June…
Read more Bank of Baroda CEO Sanjiv Chadha’s term extended till June 30Bank of Baroda (BoB) has decided to bring in a strategic partner in its subsidiary Nainital Bank Ltd. With this, the public sector bank is planning to divest its…
Read more Bank of Baroda to bring in strategic partner in subsidiary Nainital BankSanjiv Chadha, MD & CEO of Bank of Baroda, says the usual link between growing the business and growing the physical footprint has broken for all times to…
Read more Use of technology in banking, its obstacles explained by top Indian bank CEOsIndian lenders are expanding lending to local corporations at the fastest pace in more than eight years, a sign of a new private investment cycle starting in the…
Read more Rise in Indian corporate lending signals new investment cycleWith the rise in repo rate along with the widening credit deposit gap, banks have started offering higher interest rates to attract more customers. For example, Bank of…
Read more Fixed 7% return! Bank of Baroda and Bank of India launch new schemes for you
