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.
Mon, Jun 10, 2019
The mandatory norm of inter-creditor agreement allows banks to decide resolution strategy outside the IBC and it will help lenders to accelerate process to resolve stressed assets, Sashakt committee on bad loans said Monday.
Bank of Baroda has put on sale non-performing loans amounting to Rs 9,060 crore, including two large accounts - Bhushan Power & Steel and Alok Industries.
Fri, Jun 07, 2019
RBI has bagged a hatrick by trimming down the repo rate by total 75 basis points between February 2019 to June 2019 policy.
Mon, Jun 03, 2019
Unlike other form of loans, gold loans come with a guarantee for banks.
Thu, May 23, 2019
Banking stocks is where investors are preferring to park their money.
Wed, May 22, 2019
For the whole year, standalone and consolidated profit stood at Rs 433 crore and Rs 1,100 crore, respectively.
Sun, May 19, 2019
"There are cases where branches of three banks are at one location or one building. So these branches have to be either closed or rationalised as duplication is a drain on efficiency," the official said.
Thu, May 16, 2019
National Electronic Funds Transfer or NEFT is a method of transferring funds between two parties that does not happen in real time.
Fri, May 10, 2019
To facilitate foreign transactions, taking security and convenience of the customer into consideration, many public and private banks have travel card services.
Mon, May 06, 2019
This segment of Zee Business brings to you an exclusive conversation with PS Jayakumar, MD and CEO, Bank of Baroda. Watch this video to know more.
Sun, May 05, 2019
The bank was founded by the Maharaja of Baroda, Maharaja Sayajirao Gaekwad III on 20 July 1908 in the Princely State of Baroda, in Gujarat. The bank celebrated its 100 years in Mumbai. Watch full video to know more.
Sat, May 04, 2019
Similarly, for one-month and three-month tenors the interest rates have been increased to 8.35 per cent and 8.45 per cent, respectively.
The interest rates on Fixed Deposit (FD) accounts have gone up in the last one year, making it one of the most lucrative investment options
Tue, Apr 30, 2019
Let’s compare who offers best home loan interest rates among major lenders.
Thu, Apr 18, 2019
Srei-Bank of Baroda partnership through iQuippo platform would lend loans to benefit B2B, B2C segments in the equipment finance industry through product cross-selling.
Sun, Apr 14, 2019
The process has been designed to ensure that there is minimum disruption of the customers during the transition period, the official said adding that the branding of the three entities will be retained in the interim period and will be transitioned to the new brand in a phased manner to ensure minimum disruption to existing operations.
"Bank of Baroda has decided to engage a consultancy firm to conduct an independent review of the overall evaluation and effectiveness of the bank's board. The review would provide an opportunity to align and prioritise the board's focus on critical issues," the RFP said.
Thu, Apr 11, 2019
All private and public banks, approved by the Reserve Bank of India, can offer the IMPS for their customers.
Mon, Apr 08, 2019
Combining Dena and Vijaya in its ambit, BoB now has a strong entity base with network close to 9500 branches, approximately 13000 ATMs across India.
Tue, Apr 02, 2019
Bank of Baroda will become the second largest public sector bank after State Bank of India from April 1, post its amalgamation with Bengaluru-based Vijaya Bank and Mumbai-based Dena Bank. Watch this video to know more.
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