How We Did It
The Fortune India-Grant Thornton Bharat study of India’s Best Financiers incorporates India’s best banks and NBFCs.
bank of baroda
July 2024
May 2024
December 2023
October 2023
July 2023
Bank of Baroda slapped with ₹1,068 cr tax order; share dips
BoB says it has adequate factual and legal grounds to reasonably substantiate its position in the matter, and expects the entire demand to subside
PSU bank shares end in red; IOB, UCO Bank, Central Bank fall up to 5%
The weakness in PSU banks was in sync with the broader market as investors booked some profit ahead of the general election results due on June 4.
BoB Q4 profit surges 2.3% to ₹4,886 cr; FY24 profit up 26.1%
PSU lender's net interest income grew 2.3% YoY to ₹11,793 crore in Q4 while for full fiscal NII stood at ₹44,722 cr
RBI lifts ban on Bank of Baroda to onboard customers via BoB World app; stock rises 3%
Following the lifting of restrictions, BoB will resume onboarding new customers through the BoB World app.
PSU banks end in red after RBI proposes tighter project finance rules; SBI, PNB, BoB fall up to 6%
RBI has significantly enhanced the provisioning requirement during the construction phase of a project to 5%.
PNB shares hit 52-week high; becomes third PSU bank to achieve ₹1 lakh cr mcap
The market cap of PNB crossed ₹1.01 lakh crore today after the shares of the PSU lender rose 2.1% to hit a fresh 52-week high of ₹91.81 intraday.
BoB shares slip 4% after RBI bars new customer onboarding to mobile app
BoB says the current RBI decision will not have any "material impact" on the bank’s overall business and growth plans
RBI bars Bank of Baroda from onboarding new customers onto mobile app
This action is based on certain material supervisory concerns observed in the manner of onboarding of their customers onto this mobile application, says RBI.
Bank of Baroda shares jump 5% on plans to sell stake in credit card arm
BoB, which currently holds 100% stake in BOB Financial Solutions, is looking to sell up to 49% stake in the subsidiary.
