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Anil Ambani gets temporary relief, Anil Ambani, Bombay High Court, Bank of Baroda, Mumbai news, Maharashtra news, Indian express, current affairs

Anil Ambani gets temporary relief from coercive action over BoB order declaring loan account fraudulent

September 18, 2025 12:04 am

Ambani had approached the HC challenging the order issued by the Bank earlier this month in the light of a Reserve Bank of India (RBI) master circular that permitted banks to declare any account as fraudulent and laid down guidelines for the same.

The country’s largest lender, SBI has reduced its MCLR by 5 bps across tenors, effective August 15.

SBI, Bank of Baroda and Indian Overseas Bank reduce MCLR

August 15, 2025 9:58 pm

Introduced on April 1, 2016, MCLR is the minimum interest rate below which banks and non-banking finance companies (NBFCs) cannot lend.

In his suicide note, Mitra stated that every bank employee was contributing and that the bank should not put any work pressure on them, police said. (Express Photo)

Chief manager dies by suicide in Bank of Baroda in Baramati due to 'work pressure'

July 18, 2025 10:47 pm

Police also said that in his suicide note, he apologised to his wife and daughter for ending his life and asked them to donate his eyes if possible.

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Customer notifying bank in time has zero liability due to third party breach through cyber fraud: Bombay HC

June 14, 2024 2:47 am

Court directs Bank of Baroda to refund Rs. 76.9 lakh fraudulently debited from firm's bank account

Bank of Baroda Q4 profit rises marginally to Rs 4,886 crore

May 10, 2024 3:45 pm

The bank had earned a net profit of Rs 4,775 crore in the January-March quarter a year ago.

RBI lifts ban on Bank of Baroda’s mobile app: How will it help the bank and impact customers?

May 10, 2024 12:09 pm

The RBI action on Bank of Baroda came after it found certain material supervisory concerns observed in the manner of onboarding of their customers through bob World. What has RBI done now?

Corporate sector growth in profits, sales moderates in March quarter

May 09, 2024 9:39 am

As per an analysis of quarterly results of 378 companies, done by Bank of Baroda, profit after tax (PAT) grew by 5.8 per cent in the March 2024 quarter, compared to a growth of 8.1 per cent in the same quarter of FY2023.

Bank of Baroda, Reserve Bank of India, Bank of Baroda World app, RBI, Indian express business, business news, business articles, business news stories

RBI lifts onboarding ban for new customers on Bank of Baroda World app

May 09, 2024 12:08 am

The lender said it will now resume onboarding new customers in the bob World application.

In December 2020, the RBI had barred HDFC Bank from issuing new cards and launching new digital initiatives after repeated instances of technical outages. (Express File Photo)

RBI lifts ban on boarding of new customers on Bank of Baroda World app

May 09, 2024 6:05 am

In December 2020, the RBI had barred HDFC Bank from issuing new cards and launching new digital initiatives after repeated instances of technical outages.

Bank of Baroda was also the top drag in the Nifty public sector bank index, which was down 0.2 per cent at the time of writing.

Bank of Baroda shares fall around 4% after RBI ban on adding new customers on app

October 11, 2023 11:44 am

Shares of Bank of Baroda fell as much as 4 per cent on Wednesday, after the Reserve Bank of India (RBI) ordered the entity to stop adding customers to its mobile app, citing "certain material supervisory concerns."