Bank of Baroda
For the banks that got merged, - account number, IFSC, MICR code, branch address, cheque-book, passbooks will also undergo a change to represent the new entity.
With high credit costs continuing to suppress their profitability, the banks' capital buffers will remain insufficient.
Total income of the bank fell to Rs 22,070.52 crore during October-December period of 2020-21 from Rs 23,134.67 crore in the year-ago quarter, Bank of Baroda said in a regulatory filing.
LIC, SBI and BoB are the sponsors of LIC MF, SBI MF and Baroda MF and at the same time, they were holding over 18 per cent stake in both UTI MF and UTI Trustee Company.
Bank of Baroda has entered into MoU arrangement with SIDBI for a web-based platform namely ‘Asset Restructuring Module for MSMEs
BoB renewed its existing MoU with Indian Army to offer specially customised banking services through ‘Baroda Military Salary Package’
The bank has completed the integration of 1,770 erstwhile Dena Bank branches in December 2020, and had earlier completed the integration of 2,128 erstwhile Vijaya Bank branches in September 2020, the lender said in a release.
Public sector bank keen to serve priority sectors and startups, says new Zonal Head, Man Mohan Gupta
The lender said it is offering a waiver of 0.25 per cent in the existing applicable rates for Baroda Home Loans (under take over cases only) and Baroda Car Loans.
Baroda Kisan Pakhwada is an initiative to encourage farmers to get connected with the services offered by the government and the bank
NABARD had classified the account of RCF as Red Flag on February 25, 2020. Thereafter lenders conducted a detailed forensic audit by Grant Thornton (GT).
In Telangana, the Bank of Baroda has its presence in 26 district headquarters with a business of Rs 5,900 crore and has proposed to open 10 more branches during this fiscal
Hyderabad: Bank of Baroda branches of Hitec City, Gachibowli and Madhapur have distributed essential commodities like rice, dal, sugar, oil packets, salt, turmeric, chili...