Bank of Baroda
243.45
-3.41(-1.38%)
Market Cap₹1,27,660.20 Cr
PE Ratio6.17
IndustryBanks
Company Performance:
1D-1.38%
1M+1.84%
6M+10.85%
1Y-0.77%
5Y+421.86%
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More news about Bank of Baroda
06Jul 25
Bank of Baroda Slashes Home Loan Rates to 7.45%, Eliminates Processing Fees
Bank of Baroda has reduced its home loan interest rates to 7.45% and eliminated processing fees. This competitive offer aims to make home ownership more accessible and affordable for customers across India. The move is expected to attract first-time homebuyers, those looking to refinance, and property investors. This decision could potentially influence other lenders in the home loan market to offer more favorable terms.
04Jul 25
Bank of Baroda Slashes Home Loan Rates, Waives Processing Fees
Bank of Baroda has reduced its home loan interest rate by 5 basis points to 7.45% per annum and eliminated processing fees for new borrowers. These changes are effective immediately, making homeownership more affordable. The move aims to attract new customers and support the 'Housing for All' initiative, potentially impacting the real estate market recovery.
04Jul 25
Bank of Baroda, UCO Bank, and Punjab & Sind Bank Report Strong Q1 FY26 Growth
Bank of Baroda, UCO Bank, and Punjab & Sind Bank have reported significant business growth for Q1 FY26. Bank of Baroda's global business grew by 10.7% year-on-year to ₹26.43 trillion, with global advances up 13% and deposits up 9%. Its domestic retail advances increased by 17.41% to ₹2.61 lakh crore. UCO Bank's total business rose by 13.7% to ₹5.24 lakh crore, while Punjab & Sind Bank saw a 10.9% increase to ₹2.31 lakh crore.
03Jul 25
Bank of Baroda Reports Strong Growth in Q1 FY26
Bank of Baroda announced robust Q1 FY26 financial results, with global business growing 10.7% year-over-year to ₹27.43 lakh crore. Global deposits increased by 9.1% to ₹14.36 lakh crore, while global advances surged 12.6% to ₹12.07 lakh crore. Domestically, advances grew 12.45% to ₹9.91 lakh crore, with retail advances up 17%. The bank's net profit rose 3.2% to ₹5,048 crore, and gross NPA decreased to 2.26%. The bank also reduced its MCLR by 5 basis points across various tenures.
26Jun 25
Bank of Baroda Hands Over ₹2,762 Crore Dividend to Finance Minister, Reports 10.1% Profit Growth
Bank of Baroda handed over a dividend cheque of ₹2,762 crore to Finance Minister Nirmala Sitharaman. The bank reported a standalone net profit of ₹19,581.00 crore, showing a 10.10% year-on-year growth. A dividend of ₹8.35 per share was declared, representing 418% of the face value. The bank also launched a new flexible recurring deposit product called 'bob Flexi Systematic Deposit Plan'.
25Jun 25
CBI Probes Ex-Bank of Baroda Branch Head for Alleged ₹8 Crore Fraud
The Central Bureau of Investigation (CBI) has launched an investigation into alleged fraudulent activities at Bank of Baroda's Moradabad branch in Uttar Pradesh. The case involves a former branch head accused of unauthorized account openings, unsanctioned loan limit enhancements, and illicit fund transfers. The CBI conducted searches in Meerut and Bharuch, uncovering approximately ₹7.91 crore transferred to personal accounts linked to the accused. This incident highlights the ongoing challenges in maintaining robust internal controls within Indian banks.
25Jun 25
Bank of Baroda Unveils Innovative 'bob Flexi Systematic Deposit Plan'
Bank of Baroda has introduced the 'bob Flexi Systematic Deposit Plan', a new flexible recurring deposit scheme. The plan allows variable monthly contributions up to 10 times the base instalment, with a maximum of ₹1 lakh per month. It offers a minimum deposit of ₹500 and tenure options from 6 months to 5 years. Interest rates for a 2-year deposit are 6.50% for general public, 7.00% for senior citizens, and 7.10% for super senior citizens. The scheme aims to provide customers with greater flexibility in their savings strategy, accommodating fluctuations in disposable income.
10Jun 25
Bank of Baroda Slashes MCLR Rates Across Tenors, Effective June 12, 2025
Bank of Baroda has announced a reduction in its Marginal Cost of Funds Based Lending Rate (MCLR) across various tenors, effective June 12, 2025. The new rates are: 8.30% for one-month, 8.50% for three-month, 8.75% for six-month, and 8.90% for one-year tenors. This decision follows recent monetary policy changes by the Reserve Bank of India, including a 50 basis point rate cut and a reduction in the Cash Reserve Ratio. The revised rates are expected to benefit both existing and new borrowers, potentially leading to lower EMIs or reduced loan tenures. This move may influence other banks to follow suit, potentially resulting in broader lending rate reductions across the banking sector.
08Jun 25
Bank of Baroda Slashes Lending Rate by 50 Basis Points Amid Repo Rate Reduction
Bank of Baroda has reduced its lending rate by 50 basis points, following the Reserve Bank of India's decrease in the repo rate to 5.50%. This reduction is expected to lower borrowing costs for customers, potentially benefiting individuals seeking home loans, personal loan applicants, and businesses looking for financing. The move could influence other banks to review their lending rates, possibly triggering industry-wide rate adjustments.
07Jun 25
Bank of Baroda Slashes Lending Rate by 50 bps, Reports Q4 Profit Growth
Bank of Baroda has reduced its Baroda Repo Linked Lending Rate by 50 basis points to 8.15%, effective June 7. The bank's Q4 financial results show a net profit of ₹5,047.70 crore, up 3.30% year-over-year. Revenue increased by 6.15% to ₹35,851.90 crore, while Net Interest Income decreased by 6.60% to ₹11,019.00 crore. The bank's asset quality improved with Gross Non-Performing Assets ratio decreasing to 2.26% from 2.43% in the previous quarter.
28May 25
Bank of Baroda to Gradually Lower Positive Pay Threshold to ₹2 Lakh
Bank of Baroda announced a phased reduction in the Positive Pay Confirmation threshold for high-value cheques over the next two years. Starting May 1, 2025, the threshold will decrease from ₹5.00 lakh to ₹4.00 lakh, then to ₹3.00 lakh on August 1, 2025, and finally to ₹2.00 lakh on November 1, 2025. This move aims to strengthen security measures and reduce cheque fraud risk for customers.
20May 25
BOBCARD Limited Unveils Summer Sale 2025 with Attractive Credit Card Offers
BOBCARD Limited announces Summer Sale 2025, offering up to 35% discounts and cashback on e-commerce, travel, and lifestyle purchases until June 30. Partnerships include Amazon, Flipkart, and MakeMyTrip. The sale covers electronics, fashion, flight bookings, hotel stays, dining, and entertainment, aiming to boost consumer spending and enhance value for cardholders.
09May 25
Bank of Baroda Slashes One-Year MCLR by 5 Basis Points to 8.95%
Bank of Baroda has reduced its one-year Marginal Cost of Funds Based Lending Rate (MCLR) by 5 basis points to 8.95%, effective from May 12. This reduction could lead to lower EMIs for existing borrowers and improved loan affordability for new customers. The move comes amid a stable policy rate environment set by the Reserve Bank of India.
08May 25
Bank of Baroda Stock Tumbles 10% Despite Record Profits Amid MSME Loan Concerns
Bank of Baroda's stock price dropped 10% following Q4 results announcement, despite reporting highest ever quarterly and annual net profit. The bank's net profit rose to ₹5,446.50 crore, up 5.55% YoY. However, investors showed concerns over higher bad loan provisions, lower net interest income, pressure on net interest margin, and increased MSME segment slippages. The MSME slippages contributed 51.3% to total domestic slippages. On a positive note, the bank's gross NPA ratio improved to 2.26%.
07May 25
Bank of Baroda Reports Modest Q4 Profit Growth Amid Rising Deposit Costs
Bank of Baroda's Q4 FY2024 results show a 3.30% increase in net profit to ₹5,048.00 crore, despite a 7.00% decline in Net Interest Income due to higher deposit costs. Net Interest Margin contracted to 3.02% from 3.18% year-on-year. Non-interest income rose by 24.00%, helping offset interest income pressure. Overall revenue grew by 10.38% to ₹34,676.50 crore. The bank expects NIM pressure to continue in early FY2026 but anticipates improvement in the latter half.
06May 25
Bank of Baroda CEO Unveils Ambitious Growth Strategy and Financial Outlook
Bank of Baroda aims to grow its corporate loan book by 10% this year, potentially increasing overall loan growth by 1-2%. The CEO expects to maintain ROA above 1%. The bank is considering issuing perpetual and infrastructure bonds for fundraising, with no immediate need for equity capital. 34% of the loan book is repo-linked. A potential divestment of stake in IndiaFirst Life Insurance Co. is being considered within 9-12 months.
06May 25
Bank of Baroda CEO: No Immediate Need for Equity Capital Raise, Limited Exposure to Bhushan Steel
Bank of Baroda's CEO stated the bank has no current need to raise equity capital, indicating a strong financial position. The bank has limited exposure to Bhushan Steel, with the final decision on the company to be made by the Committee of Creditors. These statements suggest robust capital adequacy and conservative risk management practices at the bank.
06May 25
Bank of Baroda Announces ₹8.35 Per Share Dividend for FY2024-25
Bank of Baroda's board has recommended a dividend of ₹8.35 per equity share for the fiscal year 2024-25, subject to shareholder approval at the upcoming 29th Annual General Meeting. The bank will set a record date to determine eligible shareholders. This announcement signals the bank's commitment to shareholder value and financial health.
06May 25
Bank of Baroda Q4 Results: Profit Grows, but NII Disappoints
Bank of Baroda's Q4 FY23 results show a 3.20% increase in net profit to ₹5,048.00 crore, despite a 6.60% decline in Net Interest Income. Other income grew by 24.00%, offsetting the NII decline. The bank's Gross Non-Performing Assets ratio improved to 2.26% from 2.43% in Q3, indicating better asset quality management.
05May 25
Bank of Baroda Q4 FY25 Results: Profit Dip Expected, Dividend Announcement Awaited
Bank of Baroda is set to announce its Q4 FY25 results on May 6. Analysts project a 5.30% year-on-year decrease in net profit to ₹4,628.00 crore. Net Interest Income is expected to dip by 1.00% year-on-year. However, asset quality is anticipated to show slight improvement. The bank's board will consider recommending a dividend for FY 2024-25.
30Apr 25
Bank of Baroda Sets Board Meeting for Q4 Results and Dividend Consideration
Bank of Baroda has announced a board meeting on May 6, 2025, to approve Q4 FY25 financial results and consider dividend declaration for FY 2024-25. The meeting will be held at the Corporate Office in Mumbai. A trading window closure for designated persons is in effect from April 1 to May 8, 2025. Analysts expect muted Q4 earnings with potential year-on-year declines in net profit and Net Interest Income.
21Apr 25
LIC Boosts Stake in Bank of Baroda to 7.05%, Shares Respond Positively
Life Insurance Corporation of India (LIC) has increased its stake in Bank of Baroda to 7.05%, as revealed in recent regulatory filings. This move by India's largest insurer has been positively received by the market, with Bank of Baroda's share price showing an uptick. The bank promptly disclosed this information to stock exchanges, demonstrating regulatory compliance.
10Apr 25
Bank of Baroda Cuts External Benchmark Lending Rates, Maintains MCLR
Bank of Baroda has reduced its external benchmark-linked lending rates by 25 basis points, potentially benefiting retail and MSME borrowers. However, the bank has kept its Marginal Cost of Funds Based Lending Rate (MCLR) unchanged, with the one-year MCLR remaining at 9.00%. This decision reflects the bank's response to recent RBI policy rate cuts while maintaining stability in certain key rates. The move could lead to lower EMIs for loans linked to external benchmarks, while MCLR-linked loans will see no immediate change in interest obligations.
08Apr 25
Bank of Baroda Unveils 'bob Square Drive Deposit Scheme' with Attractive Interest Rates
Bank of Baroda will introduce the 'bob Square Drive Deposit Scheme' on April 7, 2025, offering interest rates up to 7.80% p.a. for a 444-day tenure. The scheme is designed for retail deposits below ₹3.00 crore and includes special benefits for senior citizens and non-callable deposits. This competitive offering aims to attract individual depositors and small businesses, potentially boosting the bank's retail deposit base.
03Apr 25
Bank of Baroda Reports Robust Growth in Global Business and Deposits for Q4 FY 2024
Bank of Baroda announced impressive Q4 FY 2024 results, with significant growth in both domestic and global operations. Domestic deposits increased by 9.30% YoY to ₹12.42 lakh crore, while domestic advances rose by 13.70% to ₹10.21 lakh crore. Globally, deposits grew by 10.25% to ₹14.72 lakh crore, and advances increased by 12.88% to ₹12.30 lakh crore. The bank's domestic retail advances segment showed exceptional performance with a 19.38% YoY growth.
28Mar 25
Fitch Reaffirms Bank of Baroda's 'BBB-' Rating with Stable Outlook
Fitch Ratings has maintained Bank of Baroda's 'BBB-' credit rating, including its New Zealand subsidiary, with a stable outlook. This investment-grade rating reflects the bank's financial stability, moderate credit risk, and adequate capacity to meet financial commitments. The affirmation applies to both the Indian parent bank and its New Zealand operations, highlighting the bank's consistent financial strength across its international presence.
Bank of Baroda
243.45
-3.41
(-1.38%)
1 Year Returns:-0.77%
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