Bank of Baroda: News

RBI data shows significant surge in housing sector credit

The Reserve Bank of India (RBI) has reported a substantial increase in credit outstanding to the housing sector.

31 Jan 2024

Stock Market

BoB stocks surge to all-time high on strong Q3 results

Bank of Baroda shares rallied over 4.25% today, reaching an all-time high of Rs. 249.65. The movement was driven by the lender's strong Q3 results.

16 Jan 2024

Union Bank of India

Union Bank surpasses Rs. 1L crore valuation; joins SBI, PNB

Union Bank of India has emerged as the fourth public sector lender to cross the Rs. 1 lakh crore market value.

20 Dec 2023

Finance

Bank of Baroda, NABARD, and IREDA raise crores through bonds

Bank of Baroda has raised Rs. 2,500 crore via 10-year Basel-III Tier-II bonds, offering a 7.75% coupon rate.

29 Nov 2023

Business

Bank of Baroda to issue bonds worth Rs. 5,000 crore

Bank of Baroda is preparing to issue bonds valued at Rs. 5,000 crore on November 30, as per Moneycontrol.

RBI imposes penalties on Citibank, BOB, and IOB: Here's why

The Reserve Bank of India (RBI) has slapped Citibank, Indian Overseas Bank (IOB), and Bank of Baroda (BOB), with penalties totaling Rs. 10.34 crore for violating banking regulations.

Bank of Baroda suspends 60 employees over digital app controversy

Bank of Baroda (BOB), a public-sector lender, has suspended more than 60 employees, including 11 assistant general managers (AGMs), after an audit of the BOB World app case.

RBI restricts Bank of Baroda from adding customers via app 

The Reserve Bank of India (RBI) has ordered Bank of Baroda to halt the addition of new customers through its digital banking app, BoB World.

21 Aug 2023

Sunny Deol

Akshay Kumar's spokesperson refutes claims of rescuing Sunny Villa: Report

On Sunday, reports emerged that Sunny Villa, the lavish Mumbai residence of Sunny Deol, is currently facing the threat of an e-auction scheduled for September 25, due to non-payment of dues amounting to approximately Rs. 56cr.

20 Aug 2023

Sunny Deol

Sunny Deol's bungalow to be auctioned for Rs. 56cr recovery

Sunny Deol, who is currently reveling in the success of Gadar 2, appears to be in trouble!

14 Aug 2023

Go First

Go First seeks Rs. 100 crore emergency funding from lenders

Go First's resolution professional has requested Rs. 100 crore in emergency funding from its creditor banks to cover essential operational expenses.

02 Feb 2023

Adani Group

RBI is looking into Indian banks' exposure to Adani Group

As Adani Group companies nosedive in the stock market, the Reserve Bank of India (RBI) has stepped in to measure the exposure of Indian banks to the conglomerate.

10 Feb 2022

Narendra Modi

Maharashtra farmer in trouble after finding Rs. 15L in account

In August 2021, farmer Gyaneshwar Ote from Maharashtra's Aurangabad was delighted to find that Rs. 15 lakh had been deposited in his Jan Dhan bank account.

24 Dec 2020

ICICI Bank

Cashback worth Rs. 5,000 on BS6-compliant Honda SP 125 motorbike

Honda is offering a 5% cashback of up to Rs. 5,000, on its SP 125 motorcycle in India.

14 Dec 2020

India

Cashback worth Rs. 5,000 on Honda Hornet 2.0 this December

Honda is offering a year-end deal on the Hornet 2.0 motorbike in India.

30 Oct 2020

Vivo Mobiles

Vivo V20 'Moonlight Sonata' color variant launched in India

Vivo has launched a new 'Moonlight Sonata' color variant of its mid-range smartphone, the Vivo V20, in India. The new shade joins the Midnight Jazz and Sunset Melody variants that were unveiled earlier this month.

22 Oct 2020

Flipkart

OPPO A33, with 90Hz display, launched at Rs. 12,000

As the latest addition to its portfolio of smartphones, OPPO has launched the A33 model in India. It was unveiled in Indonesia last month.

21 Oct 2020

OPPO

Ahead of launch in India, OPPO A33's prices leaked

OPPO is working to launch its budget-friendly A33 model in India soon. In the latest development, a tipster has shared a poster on Twitter, revealing the prices of the handset.

CBI files Rs. 1,400cr fraud case against dairy firm Kwality

The Central Bureau of Investigation (CBI) on Monday has filed a case of fraud against Kwality Ltd., one of the country's most popular dairy product makers.

08 Jun 2020

OPPO

OPPO A12, with dual rear cameras, launched in India

Expanding its range of affordable smartphones, OPPO has launched the OPPO A12 in India.

24 Mar 2020

India

Coronavirus crisis: Government waives ATM withdrawal, bank balance non-maintenance charges

In the wake of increasing COVID-19 cases across the country, the government has waived charges on withdrawals from other bank ATMs and the penalty on failing to maintain minimum bank balance for a period of three months.

01 Nov 2019

PayUMoney

Fisdom raises $11 million from fintech giant PayU and others

Fisdom, a Bengaluru-based wealth management start-up that offers investment advisory services through its mobile application, has raised $11 million in a fresh round of funding.

05 Oct 2019

India

Amazon sale: Deals on OnePlus 7, Honor 20i, and others

Amazon has kicked-off its Fab Phones Fest in India from today. Under the sale, which ends on October 9, the e-commerce giant is offering attractive discounts on popular smartphones like OnePlus 7, Honor 20i, Redmi 7A, and others.

13 Jul 2019

India

Five of the most well-known and successful alumni of IIM-Bangalore

The Indian Institutes of Management (IIMs) are the most sought-after business schools in the country that provide quality management education and IIM-Bangalore (IIM-B) is considered one of the best ones.

13 Jan 2019

India

This Gujarat village has 13 banks, BMWs running on streets

When someone talks about a "village" in India, what appears to mind are the rickety-thatched roofs of cemented huts or large farm-fields.

08 Jan 2019

India

#BharatBandh: How banking services will get affected

With the two-day nationwide general strike having commenced, banking services across India could be affected as a significant chunk of government bank employees have joined in on the strike.

02 Jan 2019

India

Cabinet approves Vijaya Bank, Dena Bank, Bank of Baroda merger

On Wednesday, the Union Cabinet approved the merger of state-run Vijaya Bank and Dena Bank with the larger Bank of Baroda (BoB).

26 Dec 2018

Bank Strike

Bankers on nation-wide strike again, second in a week

Operations at branches of public sector banks across the country were impacted today due to a strike by unions against the proposed merger of Vijaya Bank and Dena Bank with Bank of Baroda (BoB).

10 lakh bank employees on strike: All you should know

Nearly 10 lakh bank employees went on a strike on Wednesday, December 26, and it is sure to hit offline services like withdrawing, depositing cash, clearance of cheques and issuance of demand drafts.

23 Dec 2018

India

There could be a nation-wide bank strike on December 26

Almost one million bank employees, including those of private banks, have called for a one-day-long nation-wide strike on December 26 to protest against the proposed merger of Vijaya Bank and Dena Bank with Bank of Baroda.

14 Dec 2018

Bank Strike

Banks could remain shut for 5-days in December: Details here

Your bank related work could take a hit for a few days in December as officials are likely to go on strike.

24 Oct 2018

Indian Railways

IRCTC: Bank transaction charges while using Netbanking, Cards and Mobile-Wallets

Indian Railways Catering and Tourism and Corporation (IRCTC) offers the facility of booking train tickets online, via its website and mobile app.

20 Sep 2018

India

Indian economy to reach $5 trillion size by 2022: PM

Prime Minister Narendra Modi said today the size of Indian economy will double to $5 trillion by 2022 with manufacturing and agriculture contributing $1 trillion each.

02 Sep 2018

India

How to apply for education loan in India

Getting quality education from a top-notch institution, is vital to give a kick-start to your career, whatever be the field.

State-run banks mull performance-linked pay for employees at the top

In a rare move, state-run banks State Bank of India (SBI), Punjab National Bank (PNB) and Bank of Baroda (BoB) are mulling a performance-linked salary structure for employees at the top.

04 Jun 2018

India

Government mulls merging four more state-run banks to reduce losses

The government is mulling a major merger of at least four state-run banks - Bank of Baroda, IDBI Bank Ltd, Central Bank of India and Oriental Bank of Commerce - to give a boost to India's struggling banking sector, HT reports.

Salaries to be delayed as 10L bank-employees strike on pay-day

Banking services will be hit hard today and tomorrow as over 10L employees of state-run banks go on a 48-hour strike.

29 May 2018

Kanpur

ED attaches Rs. 177cr-worth assets in Rotomac bank fraud case

The Enforcement Directorate today said it has attached assets worth Rs. 177 crore in connection with its probe against Kanpur-based Rotomac Group.

#CareerBytes: Going to US for higher-studies? Here're best education-loan options

Many Indian students aspire to pursue higher studies, especially MS (Master of Science), in the US as it's home to many top universities.

You'll get your money back: SC assures Amrapali homebuyers

The SC has assured the 43,000 investors of the Amrapali Group's housing projects that their money will be protected at all costs, even if that meant selling off the company's assets.

Over 23,000 bank-fraud cases involving Rs. 1-lakh-crore in 5 years

Over 23,000 cases of fraud involving a whopping Rs. 1-lakh-crore have been reported in the past five years in various banks, according to the Reserve Bank of India (RBI).

20 Apr 2018

India

#FinancialBytes: Going to US for higher-studies? Here're best education-loan options

Many Indian students aspire to pursue higher studies, especially MS (Master of Science), in the US as it's home to many top universities.

Diamond Power promoters, accused of Rs. 2,654cr-fraud, held in Rajasthan

In a joint operation, the CBI and the Gujarat Anti-Terrorist Squad (ATS) have arrested three promoters of Vadodara-based Diamond Power Infrastructure Ltd (DPIL), accused of defrauding a consortium of banks to the tune of Rs. 2,654cr, officials said today.

28 Mar 2018

Telangana

IDBI Bank now reveals fraudulent loans worth over Rs. 770cr

The latest Indian bank to reveal fraudulent loans is IDBI, which said Rs. 772cr had been issued as loans from five branches in Andhra Pradesh and Telangana against fake documents.

Rotomac's Vikram Kothari, son arrested for Rs. 3,695cr loan default

The CBI has arrested Rotomac Chairman Vikram Kothari and his son Rahul for siphoning off bank loans worth Rs. 3,695 cr.

13 Nov 2017

Mumbai

Robbers dig 50-feet tunnel through Mumbai bank, empty 27 lockers

In a daring theft, robbers dug a 50-feet tunnel into a bank in Navi Mumbai and escaped with valuables from 27 lockers.

06 Sep 2017

India

Nifty 50: How does it actually work?

Post periodic review by India Index Services and Products (IISL), the National Stock Exchange's (NSE) will move ACC, Bank of Baroda, Tata Power and Tata Motors DVR from its benchmark Nifty 50 index.

31 Aug 2017

India

Nifty 50: How does it actually work?

Post periodic review by India Index Services and Products (IISL), the National Stock Exchange's (NSE) will move ACC, Bank of Baroda, Tata Power and Tata Motors DVR from its benchmark Nifty 50 index.

09 May 2017

India

MobiKwik may get $100 million funding from BlackRock and others

MobiKwik, which competes with firms such as Paytm and FreeCharge in digital payments space, is now going to get a big boost in its endeavors.

02 May 2017

India

State Bank of India slashes rates by 50 basis points

The country's largest lender, State Bank of India, has slashed its interest rates by up to 50 basis points (bps) for various maturities to ward off high-cost deposits.

04 Apr 2017

PTI

Demonetisation: IT sends notice to Junagadh cobbler for Rs10L deposit

A cobbler in Junagadh, Mansukh Makwana, got the shock of his life when IT delivered a notice to him on the pavement seeking details about a Rs. 10 lakh deposit allegedly made in his account during the demonetization drive.

22 Mar 2017

Delhi Police

Delhi: Four Bhondsi jail-mates in Limca Book of Records

The Limca Book of Records now features four inmates of the Bhondsi jail for installing 'Phoenix' (a prison-management software) in 11 prisons of Haryana.

23 Sep 2016

India

PSU Banks: Bad times over yet?

Moody's, one of the top ratings agencies, said that the outlook for Indian banks project that it is set to improve and stabilize over the coming years.