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Bank of Baroda posts Q4 net loss of Rs 1,047 crore on shift to lower tax rate regime

May 30, 2021 12:23 am

The bank booked a profit before tax (PBT) of Rs 2,680 crore during the quarter against a loss of Rs 1,723 crore in the year-ago period. PBT stood at Rs 5,556 crore for FY21 against a loss of Rs 1,802 crore in FY20.

Bank of Baroda recruitment for 511 posts: Here's all the details

April 13, 2021 8:42 pm

There are a total of 511 vacancies. For Sr. Relationship Managers 407 vacancies, E-Relationship Managers 50, Territory Head 44, Group Heads 6, Product Head Investment and Research 1, Head Operations and Technology 1, Digital Sales Manager 1, and for IT Functional Analyst Manager 1.

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Not following Covid norms, DRT imposes fine of Rs 2,000 on witness

January 29, 2021 5:07 am

The bench further directed the witness to submit the penalty amount in the account of National Defence Fund.

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Bank of Baroda rolls back changes in cash deposits and withdrawals related charges

November 03, 2020 4:49 pm

Bank of Baroda deposit & withdrawal charges: Bank of Baroda has informed in a fresh circular that in view of the current prevailing COVID-19 pandemic and its impact on the economy, it decided to withdraw the changes with immediate effect.

Bank of Baroda revises charges on deposits and withdrawals, effective Nov 1

November 02, 2020 7:05 pm

Bank of Baroda deposit & withdrawal Charges: Savings bank (SB) account holders of Bank of Baroda will be charged Rs 40-50 per transaction for depositing money beyond three free deposits in a month and Rs 100-125 post three free withdrawals.

NMC founder owes over $250 million to Bank of Baroda

May 20, 2020 12:55 pm

The 16 properties in several Indian cities including Bengaluru were among guarantees put up by Shetty and his wife against the 19.13 billion rupees ($253 million) loans, according to a May 16 court order seen by Reuters.

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Pune: Yes Bank transfers PCMC’s Rs 984 crore deposits to Bank of Baroda account

March 21, 2020 12:45 pm

A top official of Yes Bank told The Indian Express, “We had received permission from the RBI to transfer the amount. Therefore we transferred the amount through NEFT process to Bank of Baroda, which is as per PCMC’s request...,” he said.

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Slippage ratio to improve in FY21: BoB chief

January 28, 2020 4:32 am

In addition to reduced slippages, BoB will also look to improve its quarterly recovery rate, which has remained at around Rs 4,000 crore a quarter for the last few quarters.

December quarter: Bank of Baroda reports Rs 1,407-crore loss on higher provisioning

January 25, 2020 5:22 am

BoB’s fresh bad loans shot up 73 per cent sequentially to Rs 10,387 crore and provisions surged 156 per cent year-on-year (y-o-y) to Rs 7,155 crore.

Bank of Baroda gains over 4 per cent after share purchase agreement with Ansa Merchant Bank

December 13, 2019 5:10 pm

Bank of Baroda (BoB) Trinidad & Tobago started its operations in October 2007 as a wholly-owned overseas subsidiary.