Bank of Baroda Ltd (BOB.NS)
|Market Cap (Mil.):||Rs380,719.41|
|Shares Outstanding (Mil.):||429.42|
MUMBAI - The Reserve Bank of India (RBI) said on Thursday it had appointed former Bank of Baroda Chairman S.S. Mundra as a deputy governor for a term of three years.
* Shares in India's Bank of Baroda gain 1.2 percent. * April-June earnings at 13.62 billion rupees ($226.64 million) beat estimates. * Lower non-tax provisions and improved net interest income helped earnings, traders say. * Company executive says domestic net interest margin will reach at least 3 percent this financial year. ($1 = 60.0950 Indian Rupees) (email@example.com / firstname.lastname@example.org)
July 14 - (The following statement was released by the rating agency)
Notes The issue size will total $1.0 billion when fungible
* Shares in India's Bank of Baroda Ltd fall 1.6 percent after index provider MSCI said it will delete the stock from its MSCI global standard indexes, effective June 2. * The index provider did not specify the reasons behind the deletion, which was announced on its website on Monday. * Bank of Baroda has gained 48.1 percent so far in 2014 compared to a 15.8 percent return by the NSE index in the same period. (email@example.com / firstname.lastname@example.org