Mon, Apr 08, 2024
Punjab National Bank's total advances in the fourth quarter were up by 11.5 per cent to Rs 9.86 lakh crore Year-on-Year (YoY). Its total deposits of the bank grew by seven per cent in the fourth quarter to Rs 13.70 lakh crore. After the results, Morgan Stanley maintained an 'underweight' rating for PNB with a target price of Rs 70. On the other hand, Bank of Baroda's domestic deposits increased by 7.75 per cent to Rs 11.28 lakh crore in the fourth quarter this fiscal from Rs 10.47 lakh crore in the same quarter last year.
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Fri, Apr 05, 2024
Total business of the Punjab National Bank rose 8.8 per cent to Rs 23.56 lakh crore as compared to Rs 21.65 lakh crore at the end of March 31, 2023.
Tue, Mar 26, 2024
Delhi Metro Rail Corporation (DMRC) awarded the naming rights to the bank for a period of 10 years, beginning from 2024, BoB said in a statement.
Fri, Sep 17, 2021
Bank of Baroda is offering a waiver of 0.25 percent in the existing applicable rates for Baroda Home Loans and Baroda Car Loans.
Wed, Sep 08, 2021
The Bank of Baroda (BOB) provides its customers to participate in the mega e-auction where they will be able to buy their dream property without any brokerage.
Fri, Sep 03, 2021
Bank of Baroda (BOB) is offering its customers promising orders on home loan. There are certain benefits on applying for home loans with BOB.
Mon, Aug 30, 2021
The top gainers on Nifty PSU Bank index around 3 pm were Bank of Baroda shares (BOB shares) followed by the index heavyweight State Bank of India shares (SBI shares). Canara Bank shares were the third biggest gainer around this time. The lone loser was Indian Bank
Mon, Aug 16, 2021
Out of the 13 stocks on the Nifty PSU Bank index, 3 advanced around this time, 9 declined while 1 stock remain unchanged. The three stocks that were trading positively were Canara Bank, J&K Bank and Indian Bank. Meanwhile the top three losers were Maharashtra Bank, UCO Bank and Indian Overseas Bank (IOB)
Thu, Aug 12, 2021
All 13 stocks on the Nifty PSU Bank index were trading positively around this time. The Biggest gainer was Punjab & Sind Bank whose shares were up almost 4 per cent from the last closing price on Wednesday. The next top gainers were J&K Bank and Indian Overseas Bank (IOB)
Tue, Aug 10, 2021
The two gainers were Canara Bank and Punjab National Bank (PNB). The top three losers were Central Bank, Indian Bank and Indian Overseas Bank (IOB) on Tuesday around this time
Sun, Aug 08, 2021
State-run Bank of Baroda on Saturday reported a standalone profit after tax of Rs 1,209 crore in the quarter ended in June 2021 on higher growth in net interest income (NII) and lower provisioning for bad loans.
Sat, Aug 07, 2021
Total income moderated marginally to Rs 20,022.42 crore from Rs 20,312.44 crore in the same quarter a year ago, BoB said in a regulatory filing.
Wed, Jul 28, 2021
The Bank of Baroda customers can earn an easy interest under the Gold Monetization Scheme as certain benefits are offered by the bank.
Tue, Jul 27, 2021
Zomato and Bank of Baroda join hands to offer lucrative instant discounts on food delivery by using Bank of Baroda debit cards.
Wed, Jul 21, 2021
The loan amount ranges from Rs 50 lakh to Rs 2.5 crore to be offered at an interest rate starting from 8 per cent with a maximum tenure of 120 months, it said.
Mon, Jul 12, 2021
"The agreement for long-term debt financing between Ola and Bank of Baroda signals the confidence of the institutional lenders in our plans to build the world's largest two-wheeler factory in record time," said Bhavish Aggarwal, Chairman & Group CEO, Ola.
Wed, Jul 07, 2021
How fast can one realise one's dream? Well, Bank of Baroda has the accurate time for it. 30 minutes! Yes, 30 minutes to be precise. The Bank of Baroda has recently tweeted from its official Twitter handle regarding the in-principle sanction of varied loans in a flash.
Tue, Jun 29, 2021
Bank of Baroda (BoB) is offering its customers the flexibility to withdraw up to Rs 5,000 without using their Debit Card.
Tue, Jun 15, 2021
Q4FY2021 was a strong quarter with most banks reporting healthy earnings growth, an improving growth and asset-quality outlook with manageable NPL performance. For Sharekhan’s coverage universe, aggregate PAT of private banks grew by 112% y-o-y and PSU banks posted healthy PAT performance (Q4FY2020 aggregate was net loss)
Wed, Jun 09, 2021
Surging most than its peers, Nifty PSU (Public Sector Unit) Bank jumped around two per cent intraday to touch 2515.6 level, led by Bank of Baroda and Indian Bank, each rising by over five and 2.5 per cent to Rs 86.20 and Rs 143.40 per share on the BSE intraday today in early trade.
Bank of Baroda best placed amongst non-SBI SoE (State Owned Enterprise) banks – upgrade to Overweight. Morgan Stanley upgrades target price on Bank of Baroda to Rs 110 from Rs 100. Bank of Baroda share price made a high of Rs 86.25 today, up over 5% or Rs 4.5
Tue, Jun 01, 2021
Sharekhan says that Bank of Baroda posted strong results for Q4FY2021. Core operational performance was below expectations due to one-offs (shift to the new tax regime). Asset-quality performance was also a bright spot. Net interest income (NII) came at Rs 7106 cr, up 4.5% yoy but down 8.3% qoq, below expectations. The bank saw a healthy recovery of Rs 2040 cr from written-off accounts and fee income of Rs 1899 cr, up 13% yoy, which resulted in other income coming at Rs 4848 cr, up 71% yoy
Mon, May 31, 2021
People will be witnessing changes in several rules which will come into effect from June 1. These changes will not only affect your daily life but also your pocket. The changes which are going to impact you include hike in domestic air ticket prices, LPG cylinder rates, the way one avail's banking services, etc.
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