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The Latest Breaking News from Bank of Baroda

Hong Kong-based son gets tax notice after father buys insurance policy in his name with cash; he fights back and wins case in ITAT Mumbai

An NRI in Hong Kong faced an income tax dispute after withdrawing cash from his NRE account to give to his father. The father used this money to buy an insurance policy in his son's name, leading to an 'unexplained cash credit' notice. ITAT Mumbai ultimately ruled in favor of…

The Economic Times

Dividend alert! Last date to buy RIL, HDFC AMC and 14 other stocks for dividend rewards. Do you own any?

A total of 16 stocks, including Reliance Industries, HDFC AMC, Bank of Baroda and others, are set to turn ex-dividend on June 5, making today the last buying opportunity under T+1 settlement. Investors buying today will be eligible for payouts ranging from Rs 0.01 to Rs 54 per share across…

The Economic Times

RBI likely to hold rates as West Asia crisis impact on growth remains unclear: Bank of Baroda Report

The Reserve Bank of India is expected to hold interest rates steady on Friday, according to Bank of Baroda. The central bank will likely maintain a data-dependent approach, balancing growth concerns with rising inflation risks. An upward revision in inflation forecasts is anticipated due to increased fuel prices and ongoing…

The Economic Times

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10 lowest floating vs fixed home loan interest rates: PNB, ICICI Bank, Bank of Baroda and more

Home loan interest rates: Choosing a home loan involves comparing floating and fixed interest rates. Floating rates can decrease but also increase with RBI policy. Fixed rates offer stable EMIs, which can be beneficial as income grows. ET Wealth Online presents the 10 lowest fixed and floating home loan rates…

The Economic Times

Finance Ministry asks PSU banks, insurers to adopt austerity measures, shift to EV

India’s finance ministry has directed state-run banks, insurers and financial institutions to cut costs through measures such as limiting travel, holding meetings virtually and shifting to electric vehicles. The order applies to institutions including State Bank of India, Bank of Baroda and Life Insurance Corporation of India.

The Economic Times

Highest 3-year FD interest rates for senior citizens: These banks offer 8% interest rate on fixed deposits

Senior citizens seeking higher returns on their retirement savings can explore 3-year Fixed Deposit options. Small finance banks like Jana and Utkarsh lead with 8% interest, while private banks such as Bandhan and YES Bank offer up to 7.75%. Public sector banks, including Bank of India and Standard Chartered, provide…

The Economic Times

Better recoveries, low slippages pull down PSU banks write-offs to multi-year lows in FY26

Public sector banks in India saw loan write-offs fall to multi-year lows in fiscal year 2025-26. This positive trend is attributed to fewer new bad loans and better recovery of existing ones. Banks like Bank of Baroda and Punjab National Bank reported their lowest write-offs in years. This signifies a…

The Economic Times

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Capitalmind Flexi Cap Fund exits RIL and 2 others, hikes stake in Titan Company, MCX and 16 other stocks in April

Capitalmind Flexi Cap Fund exited Reliance Industries, Bank of Baroda, and L&T Finance in April. The fund also increased stakes in Titan Company, MCX, and 16 other stocks, including NTPC and ONGC. It added MTAR Technologies, Tata Steel, and Kirloskar Oil Engines as new holdings, expanding its portfolio to 42…

The Economic Times

Bank of Baroda, India’s second-biggest state lender, aims to double size in 5 years

Bank of Baroda plans to double its balance sheet over the next five years, betting on strong economic growth in India, rising credit demand and expansion of fee-based income streams. CEO Debadatta Chand said scale and capital strength are essential for Indian banks to compete globally, especially as discussions continue…

The Economic Times

Fuel price pass-through needs monitoring as weather risks also posing pressure on inflation: BoB report

Rising fuel prices and weather uncertainties could push India's inflation higher in FY27, despite current low CPI levels. Bank of Baroda warns that global energy costs impacting food prices, coupled with domestic weather challenges like heatwaves and El Nino, necessitate close monitoring of food inflation. Core inflation remains stable, but…

The Economic Times

Loan EMIs set to increase: Canara Bank raises lending rates by 5 bps on these tenures; Bank of Baroda MCLRs remain unchanged

Canara Bank has revised its lending rates. The bank increased its Marginal Cost of Funds Based Lending Rate by 5 basis points for all loan tenors. These new rates are effective from May 12, 2026. Borrowers with MCLR-linked loans may see higher EMIs. Bank of Baroda has kept its MCLR…

The Economic Times

Stocks in news: Groww, Dr Reddy's, Waaree Energies, Lenskart, SBI

Markets experienced a sharp risk-off session on Monday, with indices declining amid broad selling. Investors are advised to avoid aggressive index bets and await clearer directional signals. Pharma and healthcare stocks remain preferred, while dips in energy and metal sectors offer accumulation opportunities.

The Economic Times

Bank of Baroda aims 10 per cent corporate growth in FY27, Rs 50,000 cr loans in pipeline

Bank of Baroda plans a 10 percent expansion of its corporate lending by FY27. A Rs 50,000 crore pipeline is in place, with significant demand for investment loans. The bank will focus on external benchmark lending rates to improve margins. Deposit costs remain a challenge, but overall funding is sufficient.…

The Economic Times

Highest 5-year FD rates at PSU vs private vs SFB banks: What Rs 1 lakh investment in each FD will give you on maturity

Investors seeking high returns on 5-year fixed deposits can explore options beyond public sector banks. DCB Bank leads private banks with a 7.25% interest rate, offering an approximate maturity of Rs 1.43 lakh on a Rs 1 lakh investment. IDFC FIRST Bank follows closely, while other private and small finance…

The Economic Times

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International Business Times

Global Stars Eye India, But Show Needs Fine-tuning

With Coldplay and Ed Sheeran among the superstars who have played to packed-out crowds in India recently, there is increasing talk that the world's most populous nation could soon become a mainstay of the global touring schedule.

The Hindu

GST revenues reveal a dissonance in consumption growth across States

GST revenues reveal regional disparities in consumption growth, with Gujarat, West Bengal and Andhra Pradesh among States seeing weaker growth.

The Hindu

Bank of Baroda launches ‘Baroda Kisan Pakhwada’ in T.N.

Bank of Baroda launched its 6th edition of ‘Baroda Kisan Pakhwada’ in Tamil Nadu, a two-week farmer engagement programme from Nov 16-30. An event was held in Nallampatti village, Dindigul, Madurai, inaugurated by Saravanakumar A and Jaikishan M. Aim: to support agrarian economy.

The Hindu

Digital hearing aids distributed at affordable cost to needy kids

AIISH, Mysuru, in partnership with Bank of Baroda, distributed 40 digital hearing aids to BPL families at an affordable cost of ₹4,000 each. The initiative aims to raise awareness about hearing health and the importance of early intervention. AIISH also provides free screening for communication disorders and outreach services across…

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The Hindu

Hearing aids to be distributed to children of BPL families on Nov. 9

The All India Institute of Speech and Hearing (AIISH), Mysuru, has partnered with Bank of Baroda to distribute hearing aids to young children with hearing impairment at an affordable cost.

Al Jazeera

India’s Bank of Baroda expose worsens: Agents steal money from accounts

RBI has banned BoB from onboarding new customers on its app after an expose by The Reporters’ Collective-Al Jazeera.

The Times of India

Cricket World Cup may add $2.6 billion to Indian economy

The Cricket World Cup may boost host country India’s economy by as much as 220 billion rupees ($2.6 billion), economists at Bank of Baroda estimate.

The Hindu

Sunny Deol offers to settle dues for his Mumbai bungalow: BoB

Bank of Baroda withdraws auction notice for Sunny Deol's villa due to technical reasons. The villa was to be auctioned to recover ₹56 crore dues.

The Hindu

Congress raises questions over ‘withdrawal’ of auction notice for Sunny Deol’s Juhu villa

Congress raises questions over ‘withdrawal’ of Bank of Baroda auction notice for Sunny Deol’s Juhu villa

The Hindu

Rising food prices may undo recent respite from inflation

Consumer price inflation (CPI) had, however, risen to a three-month high of 4.8% in June owing to a spurt in food prices.

Al Jazeera

India’s Bank of Baroda tampered with accounts to flog app

Second-largest gov’t-owned bank linked mobile numbers of strangers to boost app registrations, compromising security.

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