Bank of Baroda Share Price (BANKBARODA)

Societe Generale Buys Stake in Bank of Baroda - 24 Apr, 2024

Societe Generale has purchased a stake in Bank of Baroda while the bank delivered strong returns over the past year and saw growth in revenue from operations.

Bank of Baroda Stock Affected by Share Sales - 23 Apr, 2024

Bank of Baroda's stock price was affected after Marshall Wace sold shares worth Rs 2,365 crore and Societe Generale acquired a 0.63% stake at Rs 261.3 per share.

Bank of Baroda Board to Consider Capital Raising Proposal - 18 Apr, 2024

Bank of Baroda is considering raising capital for the fiscal year 2024-25 through various modes. The Reserve Bank is not expected to take any rate action until August.

Fitch Affirms Bank of Baroda's Ratings - 16 Apr, 2024

Fitch has affirmed Bank of Baroda's ratings at BBB- and its Viability Rating (VR) at bb, with a Government Support Rating (GSR) of bbb-. The bank's loan growth above peers and strong local reach in New Zealand were also noted.

Bank of Baroda Faces RBI Restrictions and Economic Concerns - 15 Apr, 2024

The Reserve Bank of India has prohibited Bank of Baroda from onboarding new customers on its mobile app due to material supervisory concerns. Meanwhile, the bank's chief economist warns that recent events could impact trade balance and inflation.

Bank of Baroda Raises Marginal Cost of Fund-Based Lending Rate - 12 Apr, 2024

Bank of Baroda has raised its marginal cost of fund-based lending rate (MCLR) by 5 basis points across most tenures, with the one-year MCLR rising to 8.85%.

Bank of Baroda Increases MCLR by 5 Basis Points - 11 Apr, 2024

Bank of Baroda has raised its marginal cost of funding-based lending rate (MCLR) by 5 basis points on four tenors, effective from April 12. The one-month MCLR remains unchanged. The move is likely to increase the borrowing costs for customers taking loans linked to MCLR.

Bank of Baroda Hikes Lending Rates - 10 Apr, 2024

Bank of Baroda has increased its marginal cost of fund-based lending rate (MCLR) by 5 basis points across three tenures. The new rates will be effective from April 12, 2024. Bank's chief economist stated that the change in China's rating outlook won't affect India.

Bank of Baroda Reports Strong Growth in Deposits and Advances - 08 Apr, 2024

Bank of Baroda reports strong growth in domestic deposits and advances YoY, with global business growing 11.2%. BOB stock jumps 1.43% after Q4 update.

Bank of Baroda Reports Strong Q4 Growth - 05 Apr, 2024

Bank of Baroda reported notable growth in its global business and advances for Q4, with global advances growing by 12.41% to Rs 10.89 lakh crore and total deposits improving by 10.24% to Rs 13.26 lakh crore.

Bank of Baroda Stock Up 1.67% on NSE - 02 Apr, 2024

Bank of Baroda stock gained for a third straight session, up 1.67% to Rs 271.2 on the NSE. The stock has seen a 60.28% increase in the last year compared to a 28.88% spurt in NIFTY and a 16.71% spurt in the Nifty Bank index. The PE ratio is 7.73 based on TTM earnings ending December 23.

Bank of Baroda's Repo Rate Expected to Remain Unchanged - 30 Mar, 2024

Madan Sabnavis, chief economist at Bank of Baroda, predicts that the Monetary Policy Committee will keep the repo rate unchanged at 6.50% due to inflation still being at 5.1%, rising onion prices, and falling reservoir levels indicating further stress on food inflation.

Bank of Baroda's Repo Rate to Remain Unchanged - 29 Mar, 2024

The Reserve Bank of India's Monetary Policy Committee is expected to keep the repo rate unchanged at 6.50% in its upcoming meeting on April 5, according to Madan Sabnavis, chief economist at Bank of Baroda. The RBI has maintained the same rate since April 2023.

Bank of Baroda Acquires Co-Branding Rights for Delhi Metro Stations - 27 Mar, 2024

Bank of Baroda has acquired exclusive co-branding rights for three Delhi Metro stations, along with display space and ATM installation. Additionally, the bank has been designated by the RBI as one of 33 agency banks to manage government financial transactions.

Bank of Baroda Acquires Co-Branding Rights for Delhi Metro Stations - 26 Mar, 2024

Bank of Baroda has acquired the co-branding rights for three Delhi Metro stations - Inderlok, South Extension, and Rajouri Garden. The bank will have exclusive branding rights, a dedicated space for product displays, and installation of an ATM/Digital Banking Unit to serve customers.