bank of baroda


Dues of PNB's big wilful defaulters rise to Rs 15,490 cr

Jun 17 2018

Wilful defaulters borrowing Rs 25 lakh and above owed more than Rs 15,490 crore to PNB as of May end, up 2 per cent from the preceding month.

Amazon India launches seller lending network

Jun 13 2018

Amazon India launched its SLN, which will allow sellers on the e-commerce major's platform to seek loans from multiple third party lenders.

Fitch downgrades SBI,BoB viability rating on poor asset quality

Jun 13 2018

Fitch Ratings downgraded the Viability Rating of SBI and Bank of Baroda by one-notch, reflecting weak risk profile due to negative effect of poor asset quality.

PNB, SBI, 13 others get Moody's counterparty risk ratings

Jun 12 2018

Global ratings agency Moody's Investors Service today gave counterparty risk ratings (CRR) to 15 lenders in the country, including fraud-hit Punjab National Bank and country's largest lender SBI.

South African police raid Bank of Baroda in corruption investigation

Jun 08 2018

An elite South Africa police unit raided offices of Bank of Baroda and seized documents as part of an investigation into state corruption under former president Zuma.

Bank of Baroda raises MCLR by 5 basis points

Jun 05 2018

State-run Bank of Baroda today said announced a 5 basis points increase in its marginal cost of funds-based lending rates (MCLR) across various tenors.

ICICI Bank begins search for new chairman

Jun 04 2018

Private sector ICICI Bank has initiated the process of appointment of non-executive chairman as the term of incumbent M K Sharma is coming to an end on June 30.

Bank fraud: ED attaches Rs 14.5-cr assets of Gujarat firm

May 25 2018

The ED today said it has attached assets worth Rs 14.5 crore of a Gujarat-based firm for allegedly defrauding SBI and Bank of Baroda (BoB) to the tune of over Rs 804 crore.

Bank of Baroda consolidates operational activities at GIFT City

May 20 2018

Bank of Baroda today said it has consolidated all its operational activities at a shared service center (SSC), which employs over 2,000 people, at Gujarat's GIFT City.

Bank stocks climb up to 3% on RBI move, ICICI Bank gains 2.94%

Apr 03 2018

On BSE, shares of ICICI Bank ended the day with a gain of 2.94 per cent, Bank of Baroda 2.29 per cent and Yes Bank 2.11 per cent.

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Stocks In News



Mulls 1:1 Bonus Share Issue


To Issue 1:10 Bonus Shares; Record Date At July 11


Approved Bonus Issue Of 1:2; Record Date At June 27


Arm Buys Under-Construction Asset For Rs 234 Cr In Indore At Auction

Brownfield Acquisition To Add Approx. 1.1 Mn Sq. Ft. To Co's Retail Portfolio


Co In Pact To Buy 95% Of Climate Tech Pty, Australia

Deal Size Stands At Rs 201-211 Cr In Valuation


JLR Investor Presentation:

Have Exciting Products, Plans In The Pipeline To Generate Sustainable Growth

Aiming For A 4-7% EBIT Margin Over Medium Term, Will Invest 4.5 Bn GBP In FY19-21

Aiming For A 7-9% EBIT Margin Over Long Term

Long Term Investment Pegged At 12-13% Of Revenue

Retail Volume Grew By 1.7% & Revenue Grew By 6% In FY18

Also Launched Jaguar I-Pace As Co's First All Battery Electric Vehicle


To Set Up 5 Lk KL/Annum Plant At Visakhapatnam For Rs 1,785 Cr

To Set Up 6 Lk KL/Annum Plant In Mysore For Rs 2,300 Cr

Co's International Business Did Not Perform Well In FY18

Economy & Inflated Currency Hit Co's Egyptian Operations


To Launch Generic Tadalafil After Filing ANDA With USFDA


Sterile Drug Product Manufacturing Facility In Bengaluru Receives EIR From USFDA

USFDA's Pre-Approval & Inspection Of Facility Done In April & May 2018

EIR Notifies That The Inspection Stands Closed

Co Committed To Global Standards Of Quality & Compliance


Dr Reddy's Loses Patent Case With Eli Lilly Over Alimta

Co Cannot Launch Its Alternative Salt Forms Until The Eli Lilly Patent Expires

The U.S. District Court For The Southern District Of Indiana Ruled In Favour Of Lilly

The Eli Lilly Patent Expires In May 2022

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