Bank of Baroda Crosses Rs 1 Lakh Crore Market Cap, Second Public Bank to do so
Bank of Baroda (BoB) became the second public sector undertaking (PSU) bank after the State Bank of India (SBI) hit the Rs 1 Lakh Crore...
Tag : bank of baroda
Bank of Baroda to Trim 0.42% Stake in NSE, Invites Buyers
On Monday, the Bank of Baroda requested bids from buyers for its stake in the National Stock Exchange through a regulatory filing. The state-run bank...
Wadia Group Considers a One-time Settlement Offer in GoFirst Crisis
The beleaguered GoFirst airline owner Wadia Group plans to go for a one-time settlement with banks wherein creditors will take a “substantial haircut”, the media report mentioned....
RBI to Set Up Portal to Search Unclaimed Deposits in Multiple Banks
On Thursday, the Reserve Bank of India (RBI) announced a centralised portal for accessing details of depositors’ or their beneficiaries’ unclaimed deposits across banks. As...
SEBI Approves BoB-backed IndiaFirst Life Insurance for IPO
IndiaFirst Life Insurance Company, promoted by the Bank of Baroda, has received approval from the Securities and Exchange Board of India (SEBI) to launch an...
UTI AMC Share Surges 8% After PPFAS MF Buys 1.1 Million Shares in Block Trade
UTI Asset Management (AMC) shares surged 8% to Rs 687.30 on the NSE in intraday trade on Tuesday after PPFAS mutual funds bought 1 million...
PSU Banks Shares Up to 7% as Adani Sells Stake in Group Company to Cut Debt
Public sector banks exposed to Adani Group companies saw heavy buying on the morning of March 3 after the port-to-power group raised funds by selling...
SBI Loans to be Costlier as Bank Hikes Key Lending Rate
State Bank of India (SBI) has announced a 10 basis point (bps) hike in the marginal cost of fund-based lending rate (MCLR) across the tenor....
Rate-Sensitive Shares See Mixed Trend After RBI Hikes Repo Rate by 25 Bps
Shares of rate-sensitive sectors such as banks, autos and real estate were mixed on Wednesday after Reserve Bank of India (RBI) Governor Shaktikanta Das announced...
Air India Borrow Rs 18,000 Crore from SBI, BoB
Air India decides to borrow about Rs 18,000 crore from the State Bank of India and Bank of Baroda to re-finance prevailing debt over the...