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  Attention Bank Customers! These banking services rules have changed from today. Details

  Business | July 01, 2020 12:17 IST

  Banking Services Rules Changes: In order to give people some relief due to COVID-19 pandemic, the government had relaxed some rules of financial services like transaction charges after exhausting free cash withdrawal limit on ATM, minimum account balance. The new banking services rules have set in from today.

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  Bank of Baroda to offer up to Rs 12 thousand crore loans to MSMEs under credit guarantee scheme

  Business | May 23, 2020 17:43 IST

  State-run Bank of Baroda on Saturday said it can offer up to Rs 12,000 crore in loans to MSMEs under the Rs 3 lakh crore Emergency Credit Line Guarantee Scheme (ECLGS) announced by the government.

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  NPAs of BoB, Indian Bank surge multi-fold in 6 years: RTI data

  Business | May 03, 2020 13:48 IST

  Non-performing assets of Bank of Baroda soared more than six-fold to Rs 73,140 crore while those of Indian Bank surged four-times to Rs 32,561.26 crore in six years, according to a Right to Information reply. The NPA of Bank of Baroda (BoB) rose from Rs 11,876 crore at March-end 2014 to Rs 73,140 crore at December-end 2019, the RTI reply showed.

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  COVID-19: Bank of Baroda announces ex-gratia, health cover for business correspondents

  Business | April 26, 2020 14:13 IST

  The bank has taken steps for BCs' financial security, in terms of ex-gratia payment of Rs 10 lakh to the nominee in case of loss of life due to COVID-19, and health insurance facility of Rs 60,000 to each active BC, it said in a statement.

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  Bank of Baroda cuts MCLR by 0.15 per cent across tenors

  Business | April 09, 2020 18:32 IST

  State-owned Bank of Baroda on Thursday announced to cut marginal cost of funds based lending rate by 0.15 per cent across all tenors, which will bring down cost of consumer loans.

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  Bank of Baroda launches loan scheme for retail customers

  Business | April 08, 2020 13:33 IST

  In the wake of COVID-19 pandemic, public sector lender Bank of Baroda has launched "Baroda Personal Loan COVID 19" for its existing retail loan customers (home loan, auto loan & loan against property).

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  Bank of Baroda cuts personal, retail loan rates by 75 bps to 7.25%

  Business | March 30, 2020 12:29 IST

  Bank of Baroda on Monday said it has slashed the interest rate on loans for retail, personal and Micro, Small and Medium Enterprises (MSMEs) to 7.25 per cent with effect from March 28.

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  Finance Secretary launches Baroda Startup Banking in 15 cities

  Business | February 26, 2020 16:09 IST

  Finance Secretary Rajiv Kumar on Wednesday inaugurated Baroda Startup Banking, an initiative aimed at making the bank a preferred banking partner for the start-up community and establishing connect with at least 2,000 start-ups over the next two years.

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  Good news for SBI, BoB and Allahabad Bank loan customers; EMIs to go down

  Business | February 14, 2020 18:28 IST

  There's good news for customers who are paying EMIs for their loans with State Bank of India, Bank of Baroda and Allahabad Bank. From today, the EMIs of SBI loans - India's largest bank - will go down as the bank has reduced the MCLR by 0.05 per cent. Bank of Baroda and Allahabad Bank has also reduced the MCLR by the same value. The new rates are applicable from today (February 14). 

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  Good News for Bank of Baroda customers! Home, car and other loans get cheaper

  Business | February 10, 2020 16:18 IST

  State-owned Bank of Baroda,( New Delhi) on Monday announced cut in its marginal cost of funds-based lending rates (MCLR) by up to 10 basis points, effective February 12. The reduction will make home, auto and other loans cheaper for new borrowers.

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  Bank strike: Alert! SBI, BoB, other banks to remain closed on these days. Check details

  Business | January 31, 2020 12:12 IST

  Bank Strike: All government banks including SBI (State Bank of India) have decided to go on two-day strike, starting from today. Services at branches, particularly in PSUs, could be affected as several bank employees' unions have called for a two-day bank strike.

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  Bank of India, Bank of Baroda and Canara Bank get new MD & CEOs

  Business | January 21, 2020 7:40 IST

  The government on Monday appointed heads of three large public sector banks - Bank of Baroda, Bank of India and Canara bank for a period of three years. Sanjiv Chadha has been appointed as Managing Director (MD) and Chief Executive Officer (CEO) of Bank of Baroda (BoB) by Appointments Committee of the Cabinet (ACC).

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  Union Bank to cut MCLR by 10 bps, BoB to slash 1-month rate by 5 bps

  Business | January 10, 2020 19:07 IST

  State-run Union Bank of India (UBI) on Friday said it will cut the marginal cost of funds based lending rate (MCLR) by 0.10 percentage points across tenors from Saturday.

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  Bank strike: SBI to Bank of Baroda, services at these banks to be hit across India today

  Business | January 08, 2020 15:42 IST

  Bank Strike: If you have any important work at bank branches than on Wednesday then you'll have to wait for Thursday as operations across bank branches including State Bank of India (SBI) and ATMs will be affected across the country due to Bharat Bandh.

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  Bank of Baroda to sell up to 1.04 cr shares in UTI AMC initial public offering

  Business | December 09, 2019 21:42 IST

  The Investment Committee of  Bank of Baroda in its meeting held today has approved the participation in the proposed initial public offering of equity shares of UTI.

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  RBI slaps Rs 2.50 cr fine on Bank of Baroda for violating directions on Bihar NGO

  Business | November 19, 2019 16:52 IST

  It is alleged that the NGO, which was working towards imparting training to women, had pilfered government funds in connivance with the bank officials and state government officials between 2003 and 2014.

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  BBB recommends names for heading 3 state-owned banks

  Business | November 13, 2019 15:41 IST

  The Banks Board Bureau (BBB) has recommended names of Sanjiv Chadha, L V Prabhakar and Atanu Kumar Das for the post of managing director and chief executive officer (MD & CEO) of three state-owned lenders -- Bank of Baroda, Canara Bank and Bank of India

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  Bank of Baroda shares jump over 5 per cent on higher Q2 earnings

  Business | November 11, 2019 12:59 IST

  State-owned Bank of Baroda on Friday reported a jump of 73.2 per cent in its net profit to Rs 736.68 crore in the second quarter ended September 30.  

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  SBI, BOB restrict cash withdrawals from micro-ATMs of other banks

  Business | October 04, 2019 12:38 IST

  Bank ATM users alert: Bank of Baroda (BoB) and State Bank of India (SBI) have put cash withdrawal limitations for customers at micro-ATM terminals of other banks, in a move that would majorly impact banking services in rural areas.

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  Bank of Baroda signs MoU with Indian Army for customised services

  Business | October 02, 2019 15:42 IST

  The MoU includes handsome free personal accident insurance cover, free air accident insurance cover of Rs 15 lakh to Rs 50 lakh and an overdraft facility up to three times of monthly net salary, the public sector bank said in a statement.