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Bank of Baroda (BOB) News
Bank of Baroda (BOB)
Bank Minimum Average Balance: This lender hikes charges
Sat, Jan 12, 2019
Bank of Baroda has revised the said changes and it will come into effect from 1st February 2019.
BoB finalises share swap ratio for merger of Vijaya Bank, Dena Bank
Wed, Jan 02, 2019
Bank of Baroda (BoB) Wednesday finalised the share swap ratio for merger of Vijaya Bank and Dena Bank with itself. As per the Scheme of Amalgamation, shareholders of Vijaya Bank will get 402 equity shares of BoB for every 1,000 shares held.
BoB shareholders to meet next month to consider capital raise under ESPS
Wed, Dec 26, 2018
Shareholders of Bank of Baroda will meet next month to consider issuing up to 10 crore new shares under Employee Share Purchase Scheme (ESPS).
Bank of Baroda SO Recruitment 2018: Apply for 913 posts of Specialist Officers at ibpsonline.ibps.in; Check other details
Tue, Dec 04, 2018
Bank of Baroda SO Recruitment 2018: In a recruitment notification for the posts of Specialist Officer, Bank of Baroda (BOB) has notified 913 vacant positions of Specialist Officers in Scale I, Scale II, and Scale III in different categories of Legal, Wealth Management Services - Sales & Wealth Management Services - Operations.
Bank of Baroda merger with Dena Bank, Vijaya Bank in just months? Check out biggest challenge
Mon, Oct 01, 2018
Tackling human resources issues will be the largest challenge while merging Dena Bank and Vijaya Bank with Bank of Baroda (BoB). But the over 50,000 employees of the bank owe their allegiance to their managing director and chief executive officer P S Jayakumar for implementing employee-friendly HR policies.
Bank of Baroda, Dena Bank, Vijaya Bank merger decoded; see if it will actually succeed
Thu, Sep 20, 2018
First concern is of employee integration. Analysts at brokerage IDFC pointed towards the employee integration and likely discovery of higher NPAs of Dena Bank after the merger while downgrading Bank of Baroda (BoB).
Bank of Baroda, Vijaya Bank, Dena Bank impact on jobs: Employees to lose most
Wed, Sep 19, 2018
BOB shares crashed 16.03%, closing at Rs 113.45 while Vijaya Bank shares were also down 5.69% to close at Rs 56.40 on the BSE as investors could not make sense of the merger.
This merger is beneficial; process will be completed in 3-to-6 months: Ramesh Singh, ED, Dena Bank
Tue, Sep 18, 2018
Ramesh Singh, Executive Director, Dena Bank, in an exclusive interview with Anil Singhvi, Managing Editor, Zee Business, said this merger is beneficial for the bank as well as its customers. The merger process is likely to be completed in the next 3- to-6 months.
Bank of Baroda, Vijaya Bank, Dena Bank merger: 4 BAD things that can happen to these banks
Tue, Sep 18, 2018
The bad loans of five associate banks of SBI as on March 31, 2017 were about Rs 65,000 crore and that of SBI Rs 112,000 crore -- that is a total of Rs 177,000 crore, he reportedly said, adding that after the merger, SBI's bad loans in 2018 increased to Rs 225,000 crore.
Bank of Baroda, Vijaya Bank and Dena Bank merger announced
Tue, Sep 18, 2018
"The consolidation will help create a strong globally competitive bank with economies of scale and enable realisation of wide-ranging synergies," Jaitley said.
Bank of Baroda chief P S Jayakumar may get extension from the government
Sun, Sep 02, 2018
Soon after he assumed charge, BoB made a loss of Rs 3,342 crore in the third quarter (October-December) of 2015-16. In the subsequent quarter too, the lender posted a loss of Rs 3,230.1 crore.
No exposure against PNB LoUs for gems, jewellery clients: BoB
Thu, Feb 22, 2018
Stock of Bank of Baroda closed 1.65 per cent down at Rs 143.20 apiece on the BSE today
Defaulter Rotomac owner Kothari says he will not leave the country
Mon, Feb 19, 2018
Kothari had taken a loan of more than Rs 800 crore from five state-owned banks
Bank of Baroda may float $1-bn QIP; share up over 2%
Wed, Jan 24, 2018
In November, the Finance Committee of the Board approved the proposal of raising additional equity capital
Bank of Baroda net profit rises by 343.54%; provisions for bad loans decline
Fri, Nov 11, 2016
Gross non-performing assets (GNPA) got nearly doubled this quarter in comparison with previous year same period. GNPA stood at 11.35% this period, expanding by 579 basis points yoy and 20 basis points.
Bank of Baroda revises MCLR rate by 10 basis points
Sat, Nov 05, 2016
Indian banks are needed to revise MCLR rate monthly by taking in account factors like the repo rate and other borrowing rates.
Watch top 5 stories of this night; From Verizon acquiring Yahoo to RBI penalising Bank of Baroda & HDFC Bank
Mon, Jul 25, 2016
Zee Business brings you the most important stories of the day that will help you shape your market strategies and keep you informed with the latest developments. Top five stories of this night: 1. Verizon acquires Yahoo at Rs 33,000 crore
RBI slaps penalty of Rs 3 crore on Punjab National Bank
Mon, Jul 25, 2016
RBI on Monday imposed an aggregate penalty of Rs 3 crore on Punjab National Bank under the Banking Regulation Act, 1949.
After SBI, 5 more public sector banks look to merge
Sat, Jun 18, 2016
The Cabinet’s approval for State Bank of India’s (SBI) merger with its associate banks has given way to other public sector banks (PSB) to follow a similar path.