Category: Bank of Baroda

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Bank of Baroda’s managing director and chief executive officer Debadatta Chand on May 10 said the lender has 5-6 percent excess securities in the Statutory Liquidity Ratio (SLR) than the mandatory limit.
“We have 5-6 percent excess SLR than the mandatory limit,” Chand said during the post-Q4 earnings press conference.

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Under the domestic investment, the lender has Rs 3.01 lakh crore as SLR and Rs 56,010 crore in the non-SLR, as per investor presentation.
The…
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Source: https://www.moneycontrol.com/news/business/bank-of-baroda-has-5-6-excess-slr-than-mandatory-limit-says-md-debadatta-chand-12719420.html/amp

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Source: https://www.equitypandit.com/bank-of-baroda-outlook-for-the-week-may-13-2024-may-17-2024/

Public sector lender Bank of Baroda is targeting Rs 10,000 crore of recoveries and upgrades in the current financial year, MD & CEO Debadatta Chand tells Piyush Shukla. In his first interview after taking over as the bank’s MD, Chand says the bank aspires to lower gross and net NPA ratios to 2.5% and 0.5%, respectively. Excerpts: 

Fresh slippages grew sequentially during Q4 to Rs 2,855 crore. Which sectors saw higher slippages?

There are higher slippages on agriculture and MSME side. These are seasonal trends. For instance, if you look at FY24, the total slippages stood at Rs 9,241 crore, higher than Rs 8,141 crore during FY23, but in FY24 a large aviation account also slipped….
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Source: https://www.financialexpress.com/business/banking-finance-expecting-rs-10k-cr-of-recovery-and-upgrades-in-fy25nbsp-3483966/lite/

10 May 2024, 08:03 PM IST
Bank Of Baroda share price Live : Shareholding information
Bank Of Baroda has a 6.13% MF holding & 12.40% FII holding as per filings in the march quarter.The MF holding has increased from 5.56% in december to 6.13% in march quarter.The FII holding has increased from 12.27% in december to 12.40% in march quarter.

10 May 2024, 07:40 PM IST
Bank Of Baroda share price update : Return metrics and efficiency
Bank Of Baroda reported a Return on Equity (ROE) of 15.14% in the most recent fiscal year. The Return on Investment (ROI) value was -99999.99% in the last…
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Source: https://www.livemint.com/market/live-blog/bank-of-baroda-share-price-today-latest-live-updates-on-10-may-2024/amp-11715320211223.html

Public sector lender Bank of Baroda (BoB) has reported a net profit of ₹4,886 crore for the January-March quarter, a growth of 2.3% YoY. The bank’s net profit for the full fiscal year grew 26.1% at ₹17,789 crore, driven by healthy operating income growth of 15.3% YoY in FY24, according to an exchange filing.The bank’s net interest income (NII) grew 2.3% year-on-year to ₹11,793 crore in Q4 FY24, while NII for the full fiscal year registered a growth of 8.1% at ₹44,722 crore. The non-interest income for the quarter grew 20.9% YoY to ₹4,191 crore, while non-interest income for the fiscal year surged 44% YoY to ₹14,495 crore.The bank’s operating income for Q4 FY24 stood at…
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Source: https://www.fortuneindia.com/amp/story/enterprise%2Fbob-q4-profit-surges-23-to-4886-cr-nii-at-11793-cr%2F116774

EMPANELMENT IN BANK OF BARODA

 
BANK OF BARODA  INVITES APPLICATION FOR EMPANELMENT OF ……………………
 

TERMS AND CONDITIONS OF ENGAGEMENT, APPLICATION FORMAT AND OTHER DETAILS ARE AVAILABLE ON OFFICIAL WEBSITE. APPLICANT MAY SEND THEIR APPLICATION  IN PRESCRIBED FORMAT .
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Source: https://cevnews.in/2024/05/empanelment-in-bank-of-baroda-31/

Larsen and Toubro: The infrastructure major has recorded net profit at Rs 4,396 crore for the quarter ended March FY24, growing 10 percent over the year-ago period with a healthy topline, but the operating margin was weak. Revenue from operations increased by 15 percent year over year to Rs 67,079 crore for the quarter. The board has recommended a final dividend of Rs 28 per share. The order inflow during the quarter fell by 5 percent year-on-year to Rs 72,150 crore, with the order book of the group as of March 2024 at Rs 4,75,809 crore, which grew by 20 percent YoY.

Tata Power Company: The Tata Group company has reported…
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Source: https://www.moneycontrol.com/news/photos/business/stocks/buzzing-stocks-lt-tata-power-wipro-bse-hdfc-life-insurance-company-rvnl-bank-of-baroda-ntpc-and-others-in-news-12717836.html/amp

Effective home remedies for nausea relief: Try these natural solutions!

Nausea can strike due to various reasons, from overeating to migraines and motion sickness. If you’re experiencing that queasy feeling, here are some simple home remedies to try. Learn about the benefits of ginger for pregnancy-related and chemotherapy-induced nausea, how peppermint relaxes muscles, and why lemon-infused water might help. Discover acupressure techniques targeting specific points like the PC6 pressure point, PMR exercises, and the power of controlled deep breathing. Say goodbye to nausea with these natural…
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Source: https://www.moneycontrol.com/