Bank Of Baroda

The Nifty PSU Bank index was the top gainer among sectoral indices up 2% in Monday's intraday deals, while the Nifty slipped 0.3%.

Bank of Baroda shares gained more than 5 per cent in trade on Monday as the lender reported its highest-ever quarterly net profit of ₹6,532 crore in Q2FY27.

MDR is not intended to be profit-accretive; bank will reinvest proceeds to improve scale of UPI

State-run Bank of Baroda has scaled up its cybersecurity framework across technology, personnel, and operational processes following a July 2026 incident, with overall IT defence spending set to exceed 10 per cent of its operating profit, a senior official said. It is very difficult to estimate the exact jump in tech spending above normal thresholds at this point in time, its managing director and chief executive Debadatta Chand told PTI, adding that the July incident involving a compromised employee email was a "huge wake-up call". Listing out the additional spends being incurred by the lender, Chand said, "Obviously, it (technology spend) will be going above 10 per cent of the operating profit". Tech spending, including capital investments and operating expenses, has been restricted to within 10 per cent of operating profit for many years and accordingly, the bank makes its annual budgets, Chand said. Some of the spends will be incurred in FY27, while some may also go into the ne

Bank of Baroda's net profit rose 36 per cent YoY to a record ₹6,532 crore in Q2FY27, aided by higher treasury income, while advances grew 18.3 per cent and asset quality improved

At Business Standard's BFSI Summit, public sector bank chiefs discussed how RBI's swap support, leverage and overseas outreach helped mobilise FCNR(B) deposits, highlighting need for risk management

Bank of Baroda said it had not been served with B R Shetty's $15 billion suit and would defend itself firmly, adding that the allegations remained untested in court

Bank of Baroda said it had not been served with the suit and could not comment on the contents of the pleadings, which had not been tested in court

Bank of Baroda's share price dipped 3% in Wednesday's trade following reports that NMC Healthcare group filed a lawsuit seeking $15 billion in damages. BoB said it has not received any Court notice

Shetty alleges that Bank of Baroda and former NMC executives enabled fund diversion, concealed liabilities and pursued him over guarantees bearing forged signatures

Investment announcements rose 34.7 per cent to ₹30.38 trillion in H1FY27, driven by data centres, while plans outside IT fell about 4 per cent to ₹20.92 trillion

At 10:23 AM on Monday, the Nifty PSU Bank index was top gainer among sectoral indices, up 2 per cent, as compared to 0.44 per cent rise in the Nifty 50.

Public and private sector banks reported strong deposit growth in Q2FY27, aided by FCNR(B) mobilisation under the RBI's concessional swap window

PSU Bank stocks slide: Bank of India, Bank of Maharashtra, Union Bank of India, Canara Bank, Punjab National Bank and Bank of Baroda declined 2-4% in Monday's trading session.

State Bank of India (SBI) could pocket ₹2,849 crore or a 2,23,025 per cent gain from NSE IPO's listing.

Key selling shareholders have reduced the offer to 126.4 million shares from 148.9 million earlier; IPO is now expected to garner up to Rs 23,000 crore

Bank of Baroda MD and CEO Debadatta Chand said banks need stronger technology investments to tackle cyber threats, while customer risks require greater digital literacy

The 200-DMA is a technical indicator widely used to determine the long-term trends of the underlying index or stock. Indices or stocks trading below the 200-DMA are considered to be in a downtrend.

Bank of Baroda raised its FY27 growth forecast to 7-7.2 per cent after robust Q1 growth, but flagged upside risks to inflation and the fiscal deficit from monsoon and oil

The UFBU has called strikes on September 11, September 28-30 and an indefinite strike from October 26 over demands including a five-day working week and incentives