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Tag: bank of baroda

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Bank of Baroda made provision of Rs 500 cr against GoFirst exposure
  • BFSI

Bank of Baroda made provision of Rs 500 cr against GoFirst exposure

  • 17/05/2023
  • 0

Indian state-owned lender Bank of Baroda’s MD & CEO on Tuesday said that a provisioning of Rs 500 cr was made by the bank against […]

Bank of Baroda launches electronic bank guarantee on its digital platform
  • BFSI
  • Enterprise

Bank of Baroda launches electronic bank guarantee on its digital platform

  • 11/05/2023
  • 0

State-owned Bank of Baroda on Wednesday announced the launch of electronic bank guarantee (e-BG) on its BarodaINSTA platform, in partnership with National E-Governance Services Limited […]

Bank of Baroda stops clearing payment for above-cap Russian oil
  • BFSI
  • Enterprise

Bank of Baroda stops clearing payment for above-cap Russian oil

  • 05/04/2023
  • 0

India’s Bank of Baroda has stopped clearing payments for Russian oil sold above the price cap set by the West from this month, three sources […]

Bank of Baroda Increases Interest Rates on Retail Term Deposits
  • BFSI
  • Enterprise

Bank of Baroda Increases Interest Rates on Retail Term Deposits

  • 20/03/2023
  • 0

Bank of Baroda (Bank), one of India’s leading public sector banks, announced an increase in interest rates on Domestic Retail Term Deposits, including NRO and […]

Bank of Baroda slashes home loan interest rates by 40bps to 8.50%
  • BFSI
  • Enterprise

Bank of Baroda slashes home loan interest rates by 40bps to 8.50%

  • 10/03/2023
  • 0

Bank of Baroda (Bank), one of India’s leading public sector banks, today announced the reduction in its home loan interest rates by 40 basis points […]

Bank of Baroda board approves 49 per cent stake divestment in BFSL
  • BFSI
  • Enterprise

Bank of Baroda board approves 49 per cent stake divestment in BFSL

  • 10/03/2023
  • 0

The Bank of Baroda board has approved up to 49 per cent divestment in subsidiary BoB Financial Solutions, the company said in a regulatory filing […]

Bank of Baroda CEO says willing to keep lending to Adani Group
  • BFSI

Bank of Baroda CEO says willing to keep lending to Adani Group

  • 20/02/2023
  • 0

One of India’s biggest state-backed lenders is willing to consider lending additional money to the beleaguered Adani Group including for a project to remodel a […]

Bank of Baroda, Indian Overseas Bank hike lending rates; SBI also nudges up its deposit rates
  • BFSI

Bank of Baroda, Indian Overseas Bank hike lending rates; SBI also nudges up its deposit rates

  • 17/02/2023
  • 0

Bank of Baroda and Indian Overseas Bank have increased their marginal cost of fund-based lending rates (MCLR), following a hike in the interest rates on […]

Bank of Baroda says reduced exposure to Adani Group in two years, no concern on asset quality
  • BFSI
  • Enterprise

Bank of Baroda says reduced exposure to Adani Group in two years, no concern on asset quality

  • 04/02/2023
  • 0

Public sector lender Bank of Baroda on Friday said it has reduced exposure to the embattled Adani Group entities over the last two years, and […]

Banking sector remains resilient and stable: RBI
  • BFSI

Banking sector remains resilient and stable: RBI

  • 04/02/2023
  • 0

The Reserve Bank of India (RBI) on Friday said that the banking sector remains resilient and stable, allaying fears amid growing concern about the exposures […]

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