Technical charts indicate a likely mixed outlook for state-run banking shares. Bank of Baroda and IOB stocks seem to be favourably placed, while PNB and Canara Bank may witness downward pressure.
Bank of Baroda Q4 results: Bank of Baroda is scheduled to report its Q4FY25 results on Tuesday, May 6, 2025
The RBI said the banks' non-compliance involved cybersecurity, customer charges, KYC norms, and internal account mismanagement
Shares of SBI and Axis Bank can potentially rally to new life-time highs, suggests technical charts. Bank of Baroda stock too can jump another 14% from present levels; here are the key levels to track
The savings account will allow customers to deposit unlimited cash each month, with free RTGS, NEFT, and IMPS transactions
The new FD scheme, named the Square Drive Deposit Scheme, was launched on April 7
Credit grew faster than deposits
SBI share price: Among the two, however, UBS is more bullish on Bank of Baroda stock due to inexpensive valuations
Advances of the bank grew by 20.3 per cent Y-o-Y to Rs 2 trillion
IndusInd Bank raised Rs 11,000 crore by issuing certificates of deposit (CDs) across a range of maturities
The inaugural season, starting on February 22, will have Bank of Baroda and CIFDAQ Global as its platinum sponsors, as per IML's release
Approves extra time for AT1 and Tier-II debt capital issuance
Tata Power Renewable Energy Ltd (TPREL) on Thursday said it has partnered with Bank of Baroda to facilitate financing of residential rooftop solar projects under the PM - Surya Ghar Muft Bijli Yojana. Both the entities have signed a Memorandum of Understanding (MoU), under which applicants can avail loan amounts up to Rs 6 lakh at an interest rate starting at 7 per cent per annum with both fixed and floating rate options, TPREL said in a statement. The PM - Surya Ghar: Muft Bijli Yojana is the world's largest domestic rooftop solar initiative, transforming India's energy landscape with a bold vision to supply solar power to one crore households by March 2027. "This strategic collaboration with Bank of Baroda marks a significant step in our mission to make clean energy solutions accessible to every household in India. By offering affordable and convenient financing options, we are enabling residential customers to embrace rooftop solar technology with ease," Deepesh Nanda, CEO & ...
Currently, the deposit market is very tight, both in terms of growth and also on the cost side. So, clearly, the cost of deposit is higher resulting in a lower NII growth, Chand said
Meanwhile, deposit growth should accelerate to 13% in 2025-26 from an expected 9%-11% this year, with a focus on low-cost current and savings inflows, the CEO said
Bank of Baroda share: Bank of Baroda share price today declined 5.1 per cent on the BSE to hit an intraday low of Rs 211.1 per share
Reports muted NII growth; Guides for NIM of 3.0-3.10%
State-owned Bank of Baroda (BoB) on Thursday reported a 5.6 per cent increase in net profit at Rs 4,837 crore in the December quarter. The Mumbai-based bank had earned a net profit of Rs 4,579 crore in the same quarter a year ago. Total income increased to Rs 34,676 crore from Rs 31,416 crore in the same period a year ago, BoB said in a regulatory filing. Interest income also rose to Rs 30,908 crore during the quarter under review compared to Rs 28,605 crore in the year-ago period. Operating profit grew to Rs 7,664 crore from Rs 7,015 crore in the third quarter of previous fiscal. On the asset quality front, the bank's gross non-performing assets ratio moderated to 2.43 per cent against 3.08 per cent a year ago. Similarly, net NPAs, or bad loans, came down to 0.59 per cent from 0.7 per cent at the end of the third quarter last fiscal. However, the overall provisions, excluding tax, increased to Rs 1,082 crore during the quarter from Rs 666 crore a year ago. Capital Adequacy Rat
Bank of Baroda Q3 results: Bank of Baroda is scheduled to report its Q3FY25 results on Thursday, January 30
IRFC raises Rs 2,780 crore at 7.25% for 10-year bonds