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
Muthuselvaraj M of Mirae Asset Sharekhan expects the short-term bias to remain sideways but sees positive prospects for Bank of India, UCO Bank and IOB among others from a medium-term perspective.
Earlier in the month, BoB had raised $400 million through three-year bonds at a 5.1140% coupon and $300 million through five-year notes at a 5.3180% coupon
At 11:31 AM on Wednesday, the Nifty PSU Bank index was the top gainer among sectoral indices up 1.6 per cent, as compared to a 0.74 per cent decline in the Nifty 50.
RBI eases bulk deposit pricing
The RBI has allowed banks to offer different interest rates on bulk deposits based on their liquidity profile under the Liquidity Coverage Ratio framework.
The reported breach may expose customers to phishing, identity theft and financial fraud. Here is how users can secure their accounts and monitor possible misuse.
The alleged Bank of Baroda breach follows several major cyberattacks involving Indian banks, telecom operators, manufacturers, airlines and fintech firms
State-owned lender orders a forensic audit after an employee's email account was compromised, while maintaining that its core banking systems were not accessed
The leaked data includes customer details, identification documents, loan papers and internal audit records, said cybersecurity researcher Srikanth L, founder of Cashless Consumer
Bank of Baroda expects RoA above 1% in the remaining FY27 quarters, despite a one-time litigation settlement, while retaining confidence in growth and profitability
