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The Latest Breaking News from Bank of Baroda

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…

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.

The Hindu

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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.

Al Jazeera

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 Times of India

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

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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.

The Hindu

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.

Al Jazeera

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

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

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The Hindu

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 Times of India

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

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.

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The Hindu

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 Times of India

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

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

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