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Bank of Baroda Q3 net declines 21% at Rs 1,011 cr

Last Updated: Monday, February 04, 2013, 14:51

Bank of Baroda Monday reported a 21.5 percent decline in its net profit at Rs 1,011.62 crore for the quarter ended December 2012.

BoB, BoI, Canara Bank cut lending rates by 0.25%

Last Updated: Friday, February 01, 2013, 22:49

Leading public sector lenders Bank of Baroda, Bank of India and Canara Bank Friday reduced their benchmark lending rates by 0.25 percent, making home, auto and corporate loans cheaper for borrowers.

Bank of Baroda cuts lending rates by 0.25%

Last Updated: Friday, February 01, 2013, 14:40

The new rates would be applicable from February 9, BoB said.

Major improvement in asset quality unlikely in near term: BoB

Last Updated: Sunday, January 13, 2013, 12:40

Public sector lender Bank of Baroda (BoB) doesn't see significant improvement in the asset quality and restructured book in the near term unless growth picks up, a top bank official has said.

Visually-impaired man gets ATM card after six months of wait

Last Updated: Friday, January 11, 2013, 18:33

A visually impaired person was finally issued ATM card after six months of wait as Reserve Bank of India intervened into his case and directed local branch of state bank to provide him with cash card.

Govt to infuse Rs 1,550 crore in Bank of Baroda via preferential issue

Last Updated: Wednesday, December 26, 2012, 18:32

State-owned Bank of Baroda (BoB) on Wednesday said it will raise Rs 1,550 crore by issuing preference shares to the government.

Moody's lowers credit outlook of PNB, BoB, Canara Bank

Last Updated: Friday, December 14, 2012, 00:05

Credit ratings agency Moody's Thursday lowered the rating outlook of Punjab National Bank, Bank of Baroda and Canara Bank from stable to negative on account of rising bad loans.

Bank of Baroda stops home loans to Gaur City-1 project

Last Updated: Thursday, November 29, 2012, 16:31

Bank of Baroda has stopped releasing home loan instalments to flat owners in Greater Noida (West) in Uttar Pradesh, particularly Gaur City-1 project, in view of an ongoing litigation, the government informed Parliament Thursday.

Higher provisions for recast loans not to have much impact: BoB

Last Updated: Friday, November 02, 2012, 19:46

The Reserve Bank's revised higher provisioning norms for restructured loans will not have much impact on Bank of Baroda, a top bank official said.

Bank of Baroda Q2 profit up 11.5% at Rs 1,301 cr

Last Updated: Monday, October 22, 2012, 13:37

Total income of the bank rose by 19.6 percent to Rs 9,550.86 crore in the second quarter of 2012-13 compared to Rs 7,985.78 crore in the same period last year.

Bank of Baroda to hire 22,000 employees

Last Updated: Monday, September 24, 2012, 18:23

In order to meet the manpower needs of an expanding branch network, public sector Bank of Baroda plans to hire some 22,000 employees over the next four years, said a top official.

BOB plans to hire 20k people in 4 yrs; to add 500 branches

Last Updated: Monday, September 24, 2012, 13:59

Bank of Baroda is planning to hire around 20,000 people over the next four years and will add more than 500 domestic and international branches and offices in the current fiscal.