Bank of Baroda Ltd (BOB.NS)
19 Dec 2014
|Market Cap (Mil.):||Rs446,763.50|
|Shares Outstanding (Mil.):||429.42|
MUMBAI, Dec 17 - India's central bank has fined ICICI Bank Ltd and state-run Bank of Baroda over violations of customer protection rules that allowed fraudsters to cash fake checks and postal orders for up to two years.
Reuters Market Eye - State-run banks edge higher after India plans to draw up a new process to appoint top officials at lenders.
* Shares in India's Bank of Baroda fall 2.5 percent after RBI says foreign shareholding in the lender has reached the trigger limit. * Further purchases of the bank's shares would be allowed only after obtaining RBI's prior approval. (firstname.lastname@example.org / email@example.com)
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) (firstname.lastname@example.org / email@example.com)
July 14 - (The following statement was released by the rating agency)
Notes The issue size will total $1.0 billion when fungible