Mumbai, June 10 : Nationalised Banks — Bank of Baroda and Union Bank of India — on Wednesday announced a cut in their marginal cost of funds-based lending rates (MCLR) across all... Read more »
State-owned Bank of Baroda Wednesday reported a net loss of around Rs 991 crore in the Q419. The bank had suffered a net loss of Rs 3,102.34 crore in the previous quarter... Read more »
Bank of Baroda (BoB) on Monday has become the second largest state-owned lender after merging Dena Bank and Vijaya Bank with itself as part of a three-way amalgamation. The consolidated entity started... Read more »
Five state-owned banks, including PNB, Bank of Baroda and Union Bank, Thursday received shareholders’ approval for capital infusion of Rs 21,428 crore in lieu of preferential allotment of shares to the government.... Read more »
The government will now infuse Rs 5,042 crore into state-owned Bank of Baroda (BoB) ahead of merger of two other public sector lenders Dena Bank and Vijaya Bank with BoB. The merger... Read more »