Page 34 - Bank Of Baroda

Bank of Baroda recruitment 2019: Apply for 35 IT Specialist Officers' post

Bank of Baroda will be hiring 35 IT Specialist Officers. Here's how to be a part of BoB's recruitment 2019

Bank of Baroda begins post-merger innings on a strong wicket; stock rises

While the merger with Dena Bank and Vijaya Bank was concluded mostly in line with the management's guidance, it does throw up fresh challenges for the bank

Bank of Baroda down 1% post report of Rs 3,000 cr loan purchase from DHFL

Since BoB had an exposure of close to Rs 6,500 crore to DHFL, this will be pared by a little less than Rs 3,000 crore, the report added.

Bank of Baroda expects uptick in education loans, targets 11% market share

BoB is targetting a post-consolidation market share in education loans of 11%

Bank of Baroda puts Bhushan Power & Steel, 66 other accounts on block

As resolution through the insolvency courts keep getting delayed inordinately, the state-run Bank of Baroda has put on sale non-performing loans amounting to Rs 9,060 crore, including two large accounts - Bhushan Power & Steel and Alok Industries which are undergoing insolvency process but delayed. While Bhushan Power & Steel dues are to the tune of Rs 2,099 crore, Alok Industries dues are Rs 903 crore. Both these companies are among the 12 largest stressed accounts which the Reserve Bank had asked banks to refer to National Company Law Tribunals for resolution in June 2017 and forms the first list put out by the monetary authority in the mid-2016. The third largest lender had put Bhushan Power & Steel on sale in December 2018 but could not find a buyer. Besides these two big accounts, the bank is also looking to sell 65 other medium and small-size stressed accounts worth Rs 6,057 crore, only on cash basis, according to the information on the bank's ...

Planning to raise Rs 11,900 cr in FY20 through share sale: Bank of Baroda

It has been decided to raise size of ESPS scheme to 15 crore shares with a face value of Rs 2 each as against 10 crore shares proposed in January this year

BoB narrows net loss to Rs 991 cr in Q4 on accelerated NPA provisioning

The provisions for NPAs for the fourth quarter was at Rs 5,550 versus Rs 3,416 crore in the previous quarter

BoB looks to rationalise 800-900 branches, to boost operational efficiency

With the first ever three-way merger, BoB has now become the second-largest public sector lender after State Bank of India

Bank of Baroda paints 3 brands with one brush, unpacks a new identity kit

The bank unpacks a new identity kit, aims to create awareness and present a united front for all stakeholders

Bank of Baroda hikes MCLR by 0.05%, overnight money to attract 8.3%

Similarly, for one-month and three-month tenors the interest rates have been increased to 8.30% and 8.45%, respectively

Expecting good growth in next 2 quarters: Bank of Baroda MD & CEO Jayakumar

There was no difference between pre-merger numbers of BoB and ratios after the merger, P S Jayakumar, MD and CEO Bank of Baroda says

Vijaya, Dena to become Bank of Baroda from Monday; to work as BoB outlets

The government in September last year announced the first-ever three-way consolidation of banks in India, with a combined business of Rs 14.82 lakh crore

Branches of Vijaya, Dena Bank to function as BoB outlets from April 1: RBI

Earlier this week, the government decided to infuse Rs 5,042 crore in BoB to enhance capital base of the lender ahead of the merger

Govt to infuse Rs 5,042 cr into BoB ahead of merger with Dena, Vijaya

The government in September last year had announced merger of Vijaya Bank and Dena Bank with Bank of Baroda, aiming to create the third-largest lender after SBI and ICICI Bank

BoB to develop agri-digital platform 'Baroda Kisan', inks MoUs with 6 firms

Farmers are an integral part of India, and 'Baroda Kisan' is a dedicated platform created to ease their requirements, the bank said

Bank of Baroda hits six-month high; surges 23% in one month

The stock was up 2% to Rs 127 in intra-day trade on Wednesday, its highest level since September 18, 2018 on the BSE.

Bank of Baroda to sell NPAs worth Rs 6,000 cr, including RCom debt

The bank has identified loans to 49 companies for sale

Bank of Baroda Q3 profit rises to Rs 471 crore, asset quality improves

Total income in the reported quarter increased at Rs 14,562.85 crore as compared to Rs 12,976.28 crore in the year-ago period

Favourable valuation brings cheer to investors of Bank of Baroda

While Dena and Vijaya banks are taking a huge hit on valuations, the deal is seen accretive for BoB

Vijaya Bank, Dena Bank fall; BoB gains on fixing swap ratio for merger

Dena Bank plunged 20% to Rs 14.40 and Vijaya Bank slipped 7% to Rs 47.25, while Bank Baroda was up 3% at Rs 123 on the BSE in intra-day trade.