Page 32 - Bank Of Baroda

Bank of Baroda underreported bad loans by Rs 5,250 cr in FY19: RBI report

In recent months, there have been several instances of under-reporting of bad loans by lenders

Fitch affirms Bank of Baroda's IDR at 'BBB-'; VR off rating watch negative

The lender's performance is likely to stay subdued on weak economy, NBFC stress

BoB signs share purchase agreement to sell Trinidad & Tobago business

As part of rationalising its international operations, state-owned Bank of Baroda Thursday signed a share purchase agreement with Ansa Merchant Bank to sell the business of Bank of Baroda Trinidad & Tobago. BoB Trinidad & Tobago started its operations in October 2007 as a wholly-owned overseas subsidiary. "We have had a long and successful tenure in Trinidad & Tobago and will look forward to a disruption-free service to our valued customers of in that market," executive director Murali Ramaswami, said in a statement. The sale will need an approval from Central Bank of Trinidad & Tobago. BoB had decided to exit the business way back in May 2017.

Bank of Baroda and HDFC Bank cut MCLR by 5 bps and 15 bps respectively

HDFC Bank had also cut its MCLR by 10 bps across tenures last month

BoB to sell 10.4 mn shares in proposed UTI AMC initial public offering

Last week, the country's largest lender State Bank of India had approved diluting up to 8.25% stake in UTI AMC

Sebi gives LIC, SBI, BoB until Dec 2020 to bring UTI AMC stake below 10%

LIC, SBI and BoB are also sponsors of UTI AMC and hold more than 10 per cent stake individually in the AMC and trustee company of UTIMF

SBI to divest 8.25% in UTI AMC share sale; BoB, LIC and PNB may follow suit

The total dilution in the IPO could be 33 per cent

Edelweiss Housing, Bank of Baroda tie up for for co-lending on home loans

Under the pact, EHFL and BoB will share risks and rewards in creating a conducive lending ecosystem for home loan seekers

Bank of Baroda raises Rs 1,650 crore via Basel-III compliant bonds

The issue, which opened on Tuesday and closed the same day, saw a total of 21 allottees through private placement of bonds

UP to raise Rs 7,000 crore from banks for 296-km Bundelkhand Expressway

State government to issue letters of comfort undertaking to repay the banks in case of any default

RBI slaps Rs 2.50-crore fine on Bank of Baroda over non-compliance

It is alleged that there was illegal transfer and misuse of funds from government accounts

Merger with Vijaya, Dena more a bane than a boon for Bank of Baroda

Elevated slippages, weak asset quality and a near-stagnant loan growth don't bode well for investors

HC relief for SBI, other lenders in debt recovery from crisis-hit DHFL

The lenders, led by State Bank of India, Bank of Baroda and IDFC had moved the high court seeking a relief from an earlier order that restrained DHFL from making any payments to creditors

Top stock recommendations by Anand Rathi: Buy Bank of Baroda, IndusInd Bank

Trading calls by Jay Anand Thakkar, CMT -Assistant Vice President - Equity Research, Anand Rathi Shares and Stock Brokers

Banks Board Bureau recommends BoB's Sanjiv Chadha for the post of MD & CEO

The bureau has also suggested the names of L V Prabhakar and Atanu Kumar Das for Canara Bank Bank of India chiefs, respectively

Bank of Baroda Sept quarter pre-tax profit zooms 184% to Rs 1,127 crore

The bank did not factor in the effect of deferred tax assets for this quarter. It will, however, do it before March 2020.

Bank of Baroda Q2 net jumps 73% to Rs 737 cr; stock falls 2.3% on BSE

Total income rose to Rs 22,097.91 crore for the second quarter of 2019-20, compared with Rs 13,429.95 crore a year ago

Bank of Baroda Q2 preview: Muted loan growth seen, fresh slippages eyed

The bank, which got merged with Vijaya Bank and Dena Bank, posted a standalone profit of Rs 425.4 crore in the corresponding quarter of the previous fiscal (Q2FY19)

Nifty outlook and top trading ideas by CapitalVia: Buy Canara Bank, BoB

Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor

Baroda AMC, BNP Paribas AMC set for merger, parent cos enter agreement

Deputy chief executive officer Anand Shah to quit BNP Paribas AMC