Fitch revises outlook of SBI, 8 other banks to negative
The rating agency revised the outlook for Export-Import Bank of India (EXIM), SBI, Bank of Baroda, Bank of Baroda (New Zealand), Bank of India, Canara Bank, Punjab National Bank, ICICI Bank, Axis Bank while affirming their ratings.
Jun 22, 2020, 13:16 PM IST
Bank of Baroda's 90% borrowers opt for moratorium on term loan repayment
The RBI allowed granting the moratorium to all the accounts that are standard as on February 29, 2020. "Close to 90 per cent of our (eligible) clients have elected to use the moratorium," the bank's Managing Director and CEO Sanjiv Chadha said while speaking at a webinar organised by Care Ratings.
May 12, 2020, 01:58 AM IST
Maruti Suzuki join hands with Bank of Baroda to support Dealer Inventory Financing
The dealer inventory financing will be done as per bank of Baroda’s existing product program of Supply Chain Finance.
Jun 21, 2019, 15:17 PM IST
RBI reshuffles lead bank responsibilities post banks merger
Amalgamation of Vijaya Bank and Dena Bank with Bank of Baroda has been notified on January 2, 2019.
Apr 02, 2019, 11:11 AM IST
Bank of Baroda becomes second largest PSU bank after SBI
BoB now has over 9,500 branches, 13,400 ATMs, 85,000 employees to serve 12 crore customers.
Apr 01, 2019, 13:20 PM IST
Five PSU lenders get capital infusion of Rs 21,428 cr from govt
Earlier, the bank raised Rs 261 crore to its share capital in January under Employee Stock Purchase Scheme (ESPS) in which as much as 92 percent of the employees participated which resulted into over-subscription of bank stock.
Mar 29, 2019, 12:04 PM IST
India needs fewer and mega banks: Jaitley
In September 2018, the Alternative Mechanism, headed by Jaitley, gave in-principle approval for the merger of the three banks to create a global-sized lender.
Feb 18, 2019, 16:05 PM IST
Reserve Bank of India imposes monetary penalty on four banks
This action is based on deficiencies in regulatory compliance.
Feb 13, 2019, 18:14 PM IST
BoB raises lending rates by up to 0.2%; home, auto and other loans to be expensive
Interest rate on one-year tenure will go up by 0.1 percent to 8.75 percent.
Feb 06, 2019, 12:22 PM IST
Bank of Baroda to raise up to Rs 1,285 cr via Basel III bonds
Shares of the state owned bank closed 3.16 percent down at Rs 119.40 apiece on the BSE.
Jan 03, 2019, 10:58 AM IST
Morning Breaking: Cabinet approves merger of Vijaya Bank, Dena Bank & Bank Of Baroda
The Cabinet Committee on Economic Affairs (CCEA) has approved the merger of state-run Vijaya Bank, Bank of Baroda and Dena Bank. This marks the first-ever three-way merger in the country's banking sector.
Jan 03, 2019, 08:36 AM IST
BoB finalises share swap ratio for merger of Vijaya Bank, Dena Bank
As per the Scheme of Amalgamation, shareholders of Vijaya Bank will get 402 equity shares of BoB for every 1,000 shares held.
Jan 02, 2019, 17:18 PM IST
Top 25: Watch top 25 news headlines of today, Dec. 26th, 2018
This segment of Zee News brings top news stories of the day. Watch this video to know the latest news.
Dec 26, 2018, 08:44 AM IST
Bank of Baroda announces 900+ vacancies for Specialist Officers: Recruitment, pay scale details inside
Bank of Baroda Recruitment 2018: The last date for submitting applications is 26 December 2018.
Dec 04, 2018, 13:40 PM IST
Bankers threaten nationwide strike on December 26 to protest merger of banks
The government had in September approved the merger of three public sector lenders - Bank of Baroda, Dena Bank and Vijaya Bank.
Dec 01, 2018, 16:06 PM IST
BoB-Vijaya-Dena Bank merger plan shows govt willingness to pursue sector reform: Fitch
The boards of each bank will meet to give a go-ahead to the proposed merger.
Sep 28, 2018, 11:11 AM IST
BoB, Vijaya Bank, Dena Bank merger may cause short-term spurt in bad assets: Report
Slippages may increase in the short-term as recognition of non-performing assets is harmonised and accelerated, India Ratings said in a note.
Sep 20, 2018, 18:17 PM IST
Dena Bank closes 20% up; BoB tumbles 16%, Vijay Bank drops nearly 6% post merger announcement
Post this merger, the number of PSU banks will come down to 19.
Sep 18, 2018, 16:31 PM IST
Merger of BoB, Vijaya, Dena Bank to improve efficiency, governance: Moody's
The government Monday proposed the merger of the three state-owned banks to create the country's third largest lender as part of efforts to revive credit and economic growth.
Sep 18, 2018, 12:10 PM IST
Dena Bank, Vijaya Bank and Bank of Baroda to be merged
The announcement comes from Financial Services Secretary Rajiv Kumar during a press conference with FM Arun Jaitley on the status of the country's economy.
Sep 17, 2018, 18:48 PM IST
