Bank of Baroda News

The bank clarified that it has not launched any new Pensioner Card online and urged customers to treat such messages as fake. According to the alert, fraudsters are using these claims to trick people into sharing sensitive details like OTPs, PINs, Aadhaar numbers, and bank account information, which can lead to financial loss.

Though official bank holiday has not been declared so far, PSU Banks like SBI, UCO Bank and Bank of Baroda have informed regulators regarding possible service disruptions owing to the Bandh.

In  a stock market filing, SBI and Bank of Baroda have acknowledged that they have got notice from bank unions regarding the nationwide strike on Thursday 12 February, 2026.

Bank of Baroda's floating rate now starts from 7.60% p.a, down from 7.90% p.a. 

The report from Bank of Baroda said that CEPA aims to expand trade and investment, increase export opportunities for labour‑intensive micro, small and medium enterprise (MSME) sectors such as textiles, leather, footwear, gems and jewellery and engineering products.  

Borrowers of several banks like SBI, Canara Bank, Bank of Baroda and PNB will benefit as the latter have lowered their key lending rates. 

Prices of potatoes too have seen a sustained decline in the last seven months. In October, retail prices of potato declined by 31.3 per cent. The CPI weighted trajectory for TOP in September based on retail prices have fallen on an aggregate basis by -29.5 per cent.

The net profit dipped 8.2 per cent YoY from Rs 5,238 in Q2 FY25, while it inched up 5.9 per cent on a quarterly basis. The H1FY26 net profit stood at Rs 9,351 crore, the bank said, adding that the operating profit for the quarter was Rs 7,576 crore, while for the half year it was Rs 15,812 crore.

CPI inflation increased to 2.07 per cent in August, up from 1.61 per cent in July, remaining significantly lower than the 3.7 per cent reported a year ago. Food prices continued to decline for the third consecutive month, decreasing 0.7 per cent year-on-year, primarily due to lower costs for vegetables, pulses, and spices. 

The bank estimates a net gain to consumption of Rs 0.7–1 lakh crore—equivalent to about 0.2–0.3 percent of GDP—with the potential for an even larger impact as savings from reduced cess translate into higher demand. 

The rate cut is over and above the rate reduction by the Bank post the 100 basis points cut in the policy repo rate by the Reserve Bank of India (RBI).

Customers can easily apply for a Bank of Baroda auto loan online through the bank’s digital platform, Baroda Digital Car Loan, or by visiting the nearest branch. 

MCLR stands is the minimum interest rate that banks can charge for loans, and banks change it from time to time depending on their costs and the RBI’s repo rate. 

The cheque was presented by Bank of Baroda Managing Director and CEO Debadatta Chand to the Finance Minister at her North Block office in the presence of senior officials.

Bank of Baroda (BoB) has reduced the threshold limit for positive pay system. Check new rules for cheque clearance.

At the end of March 2025, Bank of Baroda had total deposits worth Rs 14.72 trillion, up 10.3 per cent YoY and 4.9 per cent QoQ. 

Bank of Baroda has reduced its external benchmark-linked lending rates for loans catering to Retail and MSME segments.

Customers can open a fixed deposit through the Bank’s digital channels including the bob World app and the Bank’s Internet Banking platform as well as at any Bank of Baroda branch.

Chick list of top Indian banks that launched new FD schemes this years, and banks offering enhanced FD products.

From Bank of Baroda, IDBI to SBI --Check FD types and interest rates.