Bank of Baroda

BoB holds 394 farmer outreach programmes in AP, Telangana

During this year’s Baroda Kisan Pakhwada, 394 branches from Telangana and AP conducted a number of programmes to engage with customers.

published on : 30th November 2022

Inflation signals ease, but worries remain

The RBI began its hike cycle only in May, but the interest cover ratio for some 3,000-odd companies has fallen from 5.41 to 4.6 in H1-FY23, according to a Bank of Baroda study.

published on : 25th November 2022

Banks hint at slower pace of deposit rate hike even as lending rates go up

These banks have said they have enough ‘space’ in terms of liquidity to continue for another quarter or two without worrying about raising funds via deposits at higher rates.

published on : 8th November 2022

BoB Tiranga deposit scheme offers 7.25 per cent interest for senior citizens

In a rising interest rate environment, we are pleased to offer a higher interest rate to consumers so that they earn more on their savings.

published on : 4th November 2022

BoB and TIIC ink pact to assist entrepreneurs

TIIC promotes industrial development in Tamil Nadu by providing credit facilities to business units to purchase land and machinery, and construct buildings.

published on : 19th September 2022

Bank of Baroda launches special deposit schemes offering higher interest rates up to 6 per cent

The scheme was launched on Tuesday and is applicable on retail deposits below Rs 2 crore.

published on : 17th August 2022

Armed robbers decamp with Rs 8 lakh from Bank of Baroda

As per sources, the incident took place around 1.50 pm in the bank located 50 metre away from NH-16 and nearly 17-18 km distant from the Odisha-West Bengal border.

published on : 23rd July 2022

CBI books five staff members for swindling Rs 3 crore from Bank of Baroda in Coimbatore

Temporary employee A Srikanth, attached to the currency chest, was seen removing notes from the cash bundle before keeping them in the cash bin.

published on : 20th July 2022

Bank of Baroda raises MCLR on select tenor loans by up to 15 basis points 

The three-month and six-month tenor loans will have new MCLRs at 7.35 per cent and 7.45 per cent, respectively, up by 0.10 per cent each.

published on : 11th July 2022

Banks raise fixed deposit rates amid rising inflation

SBI, IDBI Bank, HDFC Bank and Bank of Baroda have raised fixed deposit rates, days after the RBI raised the repo rate at which it lends to banks by 50 bps to 4.9%. 

published on : 16th June 2022

Hyderabad: Bank of Baroda cashier surrenders in city court

It was found that Praveen misled police by saying that he was in a northern India State, but police tracked him to Goa.

published on : 17th May 2022

Hyderabad cashier thief: 'Accused still at large but his bike found', say police

Police are suspecting that he purchased a new mobile phone to communicate with his family.

published on : 14th May 2022

Hyderabad cashier claims innocence, points finger at colleagues after being accused of theft

On Wednesday, the bank's chief manager filed a complaint with the Vanasthalipuram police saying that Praveen Kumar told him he had a headache and wanted to step out to buy some medicine.

published on : 13th May 2022

Hyderabad cashier scoots with Rs 22 lakh cash after faking headache

Bank officials did not realise that anything was amiss until they tallied the accounts at the end of the day and it was then that they spotted that there was a shortage of Rs 22,53,378.

published on : 12th May 2022

Loans set to get costlier as several banks raise MCLR

SBI raised its MCLR by 10 basis points or 0.1 percentage point across all tenures, while the other three have raised it by 5 bps, or 0.05 percent across the board.

published on : 20th April 2022

Bank of Baroda hikes MCLR across tenors by 0.05 per cent

The bank has approved the review of marginal cost of funds based lending rate (MCLR) with effect from April 12, 2022.

published on : 11th April 2022

RBI may revise upwards inflation estimates

The country’s central bank may have to do a course correction in the forthcoming Monetary Policy Committee meeting slated from April 6-8.

published on : 5th April 2022

Odisha: Rs 2.55 crores fraudulently transferred from Barbil municipality’s account 

Over Rs 2.5 crore has been fraudulently transferred from the bank account of Barbil municipality through RTGS by forging the signature of its executive officer (EO).

published on : 24th March 2022

Bank of Baroda has exposure of Rs 456.6 crore in Rotomac Global

The bank, in a filing to stock exchanges, said the account of Rotomac Global was declared a non-performing asset (NPA) or bad loan by it on Oct 3, 2015 and it has made 100 provisioning for the loan.

published on : 21st February 2018

Rotomac writes its way into the scam book, swallows Rs 3,695 crore of bank consortium

The BoB complaint mentions that the fraud was declared on December 12 last year and staff accountability from fraud angle is under examination.  

published on : 19th February 2018
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