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The Latest Breaking News from Bank of Baroda

Maharashtra: ED seizes assets worth Rs 6.69 crore in bank loan cheating case

Enforcement Directorate (ED) on Friday attached assets worth Rs 6.69 crore belonging to Kunal Gandhi, partner of Magnum Steels, Mumbai and his family members in a bank loan cheating case. Read further on Dynamite News:

Dynamite News

First time in many years, fixed deposit rates turn positive at 8%

MUMBAI: As banks' chase for customers to collect cheap deposits is not fructifying, they are forced to offer inflation-beating real interest rates on fixed deposits now, and state-run banks led by Punjab Sind Bank top the chart offering a cool 8-8.50 per cent per annum.

The Times of India

SBI cuts savings deposit rate by 5 basis points to 2.7%; Bank of Baroda raises FCNR deposit rates

NEW DELHI: State Bank of India (SBI) has reduced the interest rate on savings accounts by a marginal 5 basis points to 2.70 per cent effective from October 15.

The Times of India

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CBI books Delhi govt's forest dept officials in Rs 223-cr FD scam

NEW DELHI: The CBI has registered a case against unidentified officials of Delhi government's forest department and an official of Bank of Baroda in connection with a Rs 223 crore fixed deposit scam, the central agency said Wednesday.

The Times of India

Economists see RBI delivering another 50 bps hike next week

MUMBAI: Economists are unanimous in forecasting that the central bank has no other option but to deliver a 50 bps rate hike next week and take the terminal rate to 6.25 per cent by December.

The Times of India

Bank of Baroda opens corporate cluster in Chennai

CHENNAI Bank of Baroda (BoB) has opened its mid corporate cluster (south) Chennai, which will cater

The Hindu

Investment climate in India not broad-based, reduced uncertainty needed: Bank of Baroda

CHENNAI: The investment scenario in India is one of cautious movement in some sectors and not broad-based, the Bank of Baroda said in a report.

The Times of India

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

NEW DELHI: State-owned Bank of Baroda has raised the marginal cost of funds based lending rate by up to 0.15 per cent for select tenor of loans with effect from Tuesday.

The Times of India

Auto, home and personal loans become expensive with banks raising rates

NEW DELHI: Auto, home and personal loans have become costlier with banks and other financial institutions increasing interest rates following the repo rate hike by RBI on Wednesday.

The Times of India

Auto, home, personal loans become expensive with banks raising rates

A number of national banks have raised lending rates for their customers after RBI raised the benchmark repo rate by 50 basis points

The Hindu

Times Shield: Tanna, Kalam bowl Tata SC to 'B' Division title

MUMBAI: Seamers Harsh Tanna (5-38) and Abul Kalam (4-22) helped Tata SC outplay Bank of Baroda in the Times Shield 'B' Division final (Tue -Wed, 2 Days, 75 Overs) and clinch the title in style at the Parsee Gymkhana.

The Times of India

Bank of Baroda posts Rs 1,779 crore profit in March quarter

MUMBAI: State-owned Bank of Baroda Friday reported a standalone profit after tax of Rs 1,779 crore in the quarter ended March 2022, helped by higher interest income and fall in bad loans.

The Times of India

ICICI, Bank of Baroda revise lending rates after RBI's repo rate hike

NEW DELHI: ICICI Bank has revised the external benchmark lending rate (EBLR) to 8.10 per cent, and Bank of Baroda raised the rate to 6.90 per cent after the RBI hiked the key repo rate.

The Times of India

Bank of Baroda cuts interest rate on car loans to 7%

MUMBAI: State-run Bank of Baroda on Monday announced a 25 basis points (bps) reduction in its car loan interest rates to 7 per cent per annum from 7.25 per cent earlier.

The Times of India

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The Times of India

SBI, BoB, others hike lending rates by up to 0.1%; EMIs to go up

NEW DELHI: EMIs for home, car and personal loans are set to go up for existing borrowers, with State Bank of India (SBI) and other major lenders including Bank of Baroda (BoB), Axis Bank and Kotak Mahindra Bank increasing their benchmark lending rates by up to 0.10 per cent.

The Hindu

Bank of Baroda hikes MCLR across tenors by 0.05%

Bank of Baroda’s marginal cost of funds-based lending rates on overnight, one-month, three-month and six month period have been hiked by 0.05% each to 6.50%, 6.95%, 7.10% and 7.20% respectively

The Times of India

SC directs banks to release Rs 1,500 crore by March 29 for construction of stalled Amrapali projects

NEW DELHI: The Supreme Court on Monday directed the Bank of Baroda-led consortium of seven banks to effectuate disbursal of Rs 1,500 crore by Tuesday for the construction of stalled real estate projects of Amrapali Group.

The Hindu

CBI books Arihant Coal for alleged bank fraud

The company allegedly cheated Bank of Baroda to the tune of ₹112.56 crore

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The Hindu

IRCTC, NPCI and Bank of Baroda arm launch co-branded credit card for railway customers

Customers can also use the credit card for other shopping purposes

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