Top 5 PSU Bank Stocks to Watch for Investment in India in 2024
Public Sector Undertakings (PSU) Banks in India are financial institutions where the majority stake (i.e., more than 50%) is held by the Ministry of Finance...
Tag : BOB
DHFL Soared Up From Big Loan Purchases With The Help Of PSU Banks
The public sector Banks have bought out nearly Rs 12,000 crore in loans from stressed non-bank lender Dewan Housing Finance Ltd. since September 2018. The...
BCG-IBA Report: PNB Comes At Top In Implementing 'Reforms Agenda'
The BCG-IBA (Boston Consulting Group and Indian Banks Association) EASE Reforms for report Public Sector Banks measures reported that the scam-hit Punjab National Bank (Pnb)...
Govt Approves Dena Bank, Vijaya Bank And Bank Of Baroda Merger
The merger of Dena Bank, Vijaya Bank and Bank of Baroda (BoB) has been approved by the government in order to make it a competitive...
BoB inks MoU with ten companies to provide loan of atleast Rs.500 crore
Bank of Baroda (BoB) has signed a memorandum of understanding (MoU) with ten companies, to provide loans to members in their supply chain, like drivers...
Govt proposes merger of BoB, IDBI Bank, Oriental and Central Bank
The government is considering to merge minimum four state-run banks, as a part of larger consolidation plan. The banks that could be merged are: Bank of...
BOB to raise Rs.1,650 crore via bonds
Bank of Baroda (BOB) stated, it proposes to raise up to Rs.1,650 crore for funding business expansion,from Additional Tier I(AT-1) bonds. As per BoB, finance...
BOB revises base rate to 9.15% from October 1
Bank of Baroda(BOB) stated that, it has cut the base rate by 0.35% to 9.15%, effective from October 1. According to the bank, the base...
BoB has signed MoU with HFL for providing dairy loans to farmers
The Bank of Baroda and Heritage Foods Ltd (HFL) have signed a Memorandum of Understanding for providing dairy loans to farmers through the bank’s branches...
BoB has raised Rs 1,000 crore
Bank of Baroda has raised Rs 1,000 crore through issuance of bonds which are compliant with global capital adequacy norms or Basel III. It has...