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Bankers welcome Budget, say it ushers in growth environment

Last Updated: Friday, July 11, 2014, 13:38

Bankers on Thursday hailed Finance Minister Arun Jaitley's maiden budget, saying it would create an enabling environment for future growth.

SBI, BoB seek treatment of gold deposits as part of CRR/SLR

Last Updated: Saturday, June 28, 2014, 17:25

The country's two biggest state-run lenders Saturday pitched for treating a portion of their gold deposits as part of the mandatory cash reserve ratio (CRR) or statutory liquidity ratio (SLR), both of which banks consider as non-productive.

Nifty pares gains, but still scales new peak- pharma, IT shine

Last Updated: Tuesday, May 20, 2014, 19:50

The benchmark index Nifty gave up most of the gains on the emergence of profit-booking but still managed to scale a fresh new peak on the back of buying in recently hammered IT and pharma counters at the National Stock Exchange.

Bank of Baroda falls on MSCI deletion

Last Updated: Tuesday, May 20, 2014, 11:53

Shares in Bank of Baroda Ltd fall percent after index provider MSCI said it will delete the stock from its MSCI global standard indexes, effective June 2.

FIIs need RBI nod to buy further shares in Bank of Baroda

Last Updated: Friday, May 16, 2014, 21:42

Foreign investors would now have to get prior permission from the Reserve Bank for buying shares in Bank of Baroda as such investment in the lender has reached the trigger level.

Bank of Baroda Q4 Net rises 12% to Rs 1,157 crore

Last Updated: Tuesday, May 13, 2014, 15:13

The bank had reported a net profit of Rs 1,028.85 crore in the January-March quarter of 2012-13 fiscal.

PSU bank stocks surge; gain as much as 6.2%

Last Updated: Wednesday, March 05, 2014, 19:14

Bank of Baroda's scrip surged 6.18 percent, while PNB rallied 4.52 percent on the BSE.

Bank of Baroda Q3 profit marginally up at Rs 1,048 crore

Last Updated: Thursday, February 06, 2014, 16:20

Bank of Baroda on Thursday posted a marginal rise of 3.6 per cent in net profit at Rs 1,047.84 crore in December quarter of the current financial year.

Bank of Baroda raises $750 million from overseas bonds

Last Updated: Thursday, January 16, 2014, 20:59

State-run Bank of Baroda (BoB) on Thursday said it has successfully raised USD 750 million through an international bond sale at a coupon of 4.8 percent.

BoB hits overseas debt market; to raise at least $500 mn

Last Updated: Wednesday, January 15, 2014, 19:13

State-run Bank of Baroda Wednesday became the second domestic issuer to approach the overseas bond market in the New Year with a 5.5-year USD 500 million (around 3,100 crore) issue.

Arun Tiwari is new chairman of Union Bank

Last Updated: Saturday, December 28, 2013, 18:31

Public sector lender Union Bank of India Saturday said Arun Tiwari assumed charge as its new chairman & managing director.

BoB Q2 net profit declines 10% to Rs 1,168 cr

Last Updated: Thursday, October 31, 2013, 13:58

Bank of Baroda (BoB) on Thursday reported a 10.2 per cent decline in net profit to Rs 1,168.10 crore for the July-September quarter on account of higher provisioning against bad loans.