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.
Wed, Jan 30, 2019
BoB made an impressive announcement which included stability in gross NPA, provisions, three-times higher net profits and good loan book in December 2018 (Q3FY19) quarter.
Wed, Jan 09, 2019
After obtaining RBI inputs, the government has notified the scheme of amalgamation for Bank of Baroda, Vijaya Bank and Dena Bank.
Seconding the bull rally to continue at Indian markets, equity experts have strongly recommended some strips listed at the Indian indices on which traders can bet upon. Such strips are mainly from the banking, metal, auto, NNBFC and housing and finance.
Fri, Jan 04, 2019
The shareholders of Vijaya Bank will get 402 equity shares of Bank of Baroda for every 1,000 shares they posses, while Dena Bank's shareholders will get 110 Bank Of Baroda shares for every 1,000 shares they hold.
Mega size may translate into big profits too, down the line. So, as an investor, here is why you might want to think about grabbing a piece of BoB, because it is set to be a money making magnet going forward.
In this segment of Zee Business know which shares will help you earn more today, Jan 4th, 2019. Watch full video for more info.
Thu, Jan 03, 2019
In this segment of Zee Business know which shares will help you earn more today, Jan 3rd, 2019. Watch full video for more info.
In these cases Vijaya Bank and Dena Bank are swapping equity shares with BoB, but this comes as a loss for the two smaller banks' share price, as value will decline.
The Sensex, on Wednesday closed at 35,891.72, jumping 363 points or 1 per cent down. While Nifty fell 117 points or 1.1 per cent to close at 10,792.50.
Wed, Jan 02, 2019
The recovery would also be aided by government infusing Rs 28,615 crore into seven public sector banks (PSBs) through recapitalisation bonds. In December 2018.
Fri, Dec 28, 2018
Bank strike: In a notification to exchanges, United Bank said a strike has been "called by All India Bank Employees' Association (AlBEA) & Bank Employees Federation of India (BEFI) on 8th January, 2019 and 9th January, 2019 on various issues connected to the banking industry."
Wed, Dec 26, 2018
Bank strike today: Banking services at branches of state-run banks across the country were hit on Wednesday following the strike by unions against the proposed merger of Vijaya Bank and Dena Bank with Bank of Baroda, even as they promised to step up pressure on the government if the decision is n
Operations at public sector banks across the country were impacted today due to a strike called by unions against the proposed merger of Vijaya Bank and Dena Bank with Bank of Baroda (BoB).
Mon, Dec 24, 2018
Cheque bounce defaulters should know that this can lead to a huge loss. Also, know that it impacts negatively both the parties involved in the transaction!
Bank Strike on 26 December 2018: Services in most of the banks, including private lenders, will be hit on Thursday (December 26) due to a strike called by around one million employees of various banks.
Fri, Dec 21, 2018
Bank Strike News Today: A bank strike has been called today by the union of public sector bank officers.
Sun, Dec 16, 2018
ATM cloning fraud: To save the customers, banks have started making changes to software and hardware in ATMs to ensure the machine shuts down automatically as soon as it suspects cloning.
The All India Bank Employees Association (AIBEA) which has called for a nation-wide strike on December 26 opposing the merger of Bank of Baroda, Dena Bank and Vijaya Bank, Saturday said the move was unwarranted as it would not be beneficial to the economy and the people at large.
Tue, Dec 04, 2018
Non-CTS cheques used by customers of all banks including State Bank of India (SBI), HDFC Bank, ICICI Bank, Bank of Baroda, Punjab National Bank and others will become invalid from January 1.
Sun, Dec 02, 2018
All unions under UFBU will participate in this strike call, said Ashwani Rana, vice president of the National Organization of Bank Workers.
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