Edition:
India

Bank of Baroda Ltd (BOB.BO)

BOB.BO on Bombay Stock Exchange

126.55INR
18 May 2018
Change (% chg)

Rs-3.70 (-2.84%)
Prev Close
Rs130.25
Open
Rs133.00
Day's High
Rs133.00
Day's Low
Rs125.50
Volume
844,048
Avg. Vol
2,030,067
52-wk High
Rs206.60
52-wk Low
Rs125.50

Latest Key Developments (Source: Significant Developments)

Bank Of Baroda Retains 1-Year MCLR At 8.40 Pct
Monday, 7 May 2018 

May 7 (Reuters) - Bank of Baroda Ltd ::SAYS CO RETAINS 1-YEAR MCLR AT 8.40 PERCENT.  Full Article

Bank Of Baroda Seeks To Sell Unit Nainital Bank As It Sheds Non-Core Assets To Bolster Balance Sheet - Bloomberg
Wednesday, 10 Jan 2018 

Jan 10 (Reuters) - :BANK OF BARODA IS SEEKING TO SELL UNIT NAINITAL BANK AS IT SHEDS NON-CORE ASSETS TO BOLSTER ITS BALANCE SHEET - BLOOMBERG CITING SOURCES.  Full Article

Bank Of Baroda Says LIC Of India Cuts Stake In Co To 5.194 Pct‍​
Thursday, 30 Nov 2017 

Nov 30 (Reuters) - Bank Of Baroda Ltd ::SAYS LIC OF INDIA CUTS STAKE IN CO BY 2.055 PERCENT TO 5.194 PCT‍​.  Full Article

Bank of Baroda CEO says co trying to contain net NPA at current level
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Bank of Baroda CEO P.S. Jayakumar speaking at a news conference::Says ‍​stressed assets ratio at 13.99 percent at end Sept versus 14.32 percent in June.Says co has exposure to 10 accounts in first RBI list for bankruptcy cases, and to 18 in RBI second list.Says needs around 4.5 billion rupees extra provisioning for borrowers in first RBI list for bankruptcy proceedings.Says needs about 8 billion rupees of extra provisioning for cos in second RBI list for potential bankruptcy proceedings.Says co trying to contain net NPA at current level.Says co has 90 billion rupees to 110 billion rupees of loans under "watch list".Says co looking to raise funds via AT1 bonds and possibly by share sale this financial year.Says co looking for 15 percent full year domestic loan growth.  Full Article

India's Bank of Baroda Sept-qtr profit down about 36 pct
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Bank of Baroda Ltd :Sept quarter net profit 3.55 billion rupees versus profit of 5.52 billion rupees last year.Consensus forecast for sept quarter profit was 4.74 billion rupees.Sept quarter interest earned 107.53 billion rupees versus 104.85 billion rupees last year.Sept quarter provisions 23.29 billion rupees versus 17.96 billion rupees last year.Sept quarter provisions for npa 18.47 billion rupees versus 16.30 billion rupees last year.Sept quarter gross NPA 11.16 percent versus 11.40 percent previous quarter.Sept quarter net NPA 5.05 percent versus 5.17 percent previous quarter.Sept quarter domestic NIM 2.68 percent.  Full Article

Bank of Baroda posts Dec-qtr profit
Friday, 10 Feb 2017 

Bank Of Baroda Ltd : Dec quarter net profit 2.53 billion rupees versus net loss of 33.42 billion rupees year ago . Dec quarter interest earned 104.06 billion rupees versus 106.14 billion rupees year ago . Dec quarter provisions 20.80 billion rupees versus 61.65 billion rupees year ago . Dec quarter gross NPA 11.40 percent versus 11.35 percent previous quarter . Dec quarter net NPA 5.43 percent versus 5.46 percent previous quarter . Says non performing loan provisioning coverage ratio 64.50 percent as on 31 dec 2016 .Says qtrtly domestic NIM 2.49 percent.  Full Article

Bank Of Baroda says strike by AIBEA, AIBOA, BEFI and AIBOC on Sept 2
Friday, 19 Aug 2016 

Bank of Baroda Ltd : Notice of strike by AIBEA, AIBOA, BEFI AND AIBOC on September 2 . Functioning of bank in certain states to be affected .  Full Article

BRIEF-India's Bank of Baroda exec says maintaining bad loan forecast for FY17 - CNBC TV18
Thursday, 11 Aug 2016 

India's Bank Of Baroda : Exec says maintaining bad loan forecast for FY17: CNBC TV18 Further company coverage: [BOB.NS] Keywords: (CORRECTED).  Full Article

Bank of Baroda June-qtr profit falls about 60 pct
Thursday, 11 Aug 2016 

Bank of Baroda Ltd : Says June-quarter net profit 4.24 billion rupees versus net profit of 10.52 billion rupees year ago . Says June-quarter interest earned 104.34 billion rupees; June-quarter provisions 20.04 billion rupees . Says June-quarter gross NPA 11.15 percent versus 9.99 percent previous quarter; June-quarter net NPA 5.73 percent versus 5.06 percent previous quarter . Consensus forecast for June-quarter net profit was 4.92 billion rupees .  Full Article

Bank of Baroda says RBI imposes 50 mln rupees penalty on co
Monday, 25 Jul 2016 

Bank of Baroda Ltd : The Reserve Bank of India has imposed a penalty of INR 50 million (rupees fifty million only) on Bank of Baroda . RBI carried out investigation and noted deficiencies which were reflective of weaknesses, failures in internal control mechanisms . Bank has implemented a comprehensive corrective action plan, to strengthen internal controls . Bank fully cooperated with the RBI during the process, leading to the conclusion of its findings .  Full Article

BRIEF-Bank Of Baroda Retains 1-Year MCLR At 8.40 Pct

* SAYS CO RETAINS 1-YEAR MCLR AT 8.40 PERCENT Source text - [BANK OF BARODA RETAINS ITS LENDING RATES Bank of Baroda, one of the largest Public Sector Lenders, has reviewed its benchmark lending rates i.e. marginal cost of funds based lending rates across various tenors. MCLR has been reviewed at the existing level. Bank’s 1-year MCLR currently stands at 8.40 per cent, which is competitive as per the current market scenario.]