BoB launches its new 360 deposit scheme; know here the maximum interest ,Banking News, Business News

Bank of Baroda, an Indian public sector bank, launched its new ‘bob-360 deposit scheme’ on Monday, January 15, 2024. The scheme pays out an annual interest rate of 7.60 per cent. Know here who is eligible for the offer and the maximum interest.
COMMERCIAL BREAKSCROLL TO CONTINUE READINGThe Vadodara-headquartered bank has launched its new short-term fixed deposit scheme with the name of ‘bob-360 deposit scheme’. In this, general fixed deposit account holders will receive interest of up to 7.10 per cent, while senior citizens will receive 7.60 per cent interest that will come into effect today (January 15, 2024).
“bob-360 is an excellent opportunity for depositors who are looking for…
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Source: https://www.zeebiz.com/personal-finance/banking/news-bob-launches-its-new-360-deposit-scheme-know-here-the-maximum-interest-76-272190/amp

Bank of Baroda’s arm rebranded as ‘BOBCARD Limited’ with ‘Credit Reimagined’ tagline

Bank of Baroda’s wholly-owned subsidiary for cards, ‘BOB Financial Solutions Limited’, has been rebranded as ‘BOBCARD Limited’ with the tagline “Credit Reimagined”.Accordingly, the NBFC has also unveiled a new logo called ‘Baroda Sun’, which comprises dual ‘B’ letterforms that hold the rays of the rising sun.The rebranding embodies “revitalised commitment to reimagine the country’s credit landscape with excellent credit solutions and customer-centric offerings”, the release said, adding that it aims to offer customer-centric, solution-driven assistance that assures service through innovation. “The strategic rebranding not only embodies adaptability but…
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Source: https://www.thehindubusinessline.com/money-and-banking/bank-of-barodas-arm-rebranded-as-bob-card-limited-with-credit-reimagined-tagline/article67779199.ece/amp/

Bank Of Baroda’s Stocks Plummet on the Market Today

TL;DR.Bank Of Baroda stock price went down today, 26 Jan 2024, by -0.66 %. The stock closed at 228.65 per share. The stock is currently trading at 227.15 per share. Investors should monitor Bank Of Baroda stock price closely in the coming days and weeks to see how it reacts to the news.
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Source: https://mintgenie.livemint.com/amp/news/markets/bank-of-baroda-share-price-live-blog-for-26-jan-2024-151706237103260

Bank of Baroda raises Rs 5,000 crore through issue of 10-year bonds at 7.57%

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State-owned lender, Bank of Baroda on January 25 said it has raised Rs 5,000 crore through 10-year infrastructure bonds at a coupon rate of 7.57 percent, release said.
The Bank received a total of 128 bids amounting to Rs 14,950 crore against the total issue size of Rs 5,000 crore, the lender said in a release.

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On January 23, Moneycontrol reported that Bank of Baroda will on January 24 issue infrastructure bonds worth Rs 5,000 crore maturing in 10 years.
The bonds…
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Source: https://www.moneycontrol.com/news/business/bank-of-baroda-raises-rs-5000-crore-through-issue-of-10-year-bonds-at-7-57-12127111.html/amp

Government focuses on fiscal consolidation and rural growth

ANI |
Updated: Jan 25, 2024 14:33 IST

New Delhi [India], January 25 (ANI): In anticipation of the upcoming 2024-25 budget, an interim one preceding the General Elections, the government is set to prioritize maintaining policy continuity and committing to fiscal consolidation.According to Bank of Baroda economist Sonal Badhan, the fiscal deficit target for FY24 is expected to be achieved at 5.9 per cent, with potential risks from lower-than-anticipated nominal GDP growth and higher expenditure.The FY25 budget aims to further reduce the deficit target to a range of 5.4-5.5…
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Source: https://www.aninews.in/news/business/business/bob-fy25-budget-preview-government-focuses-on-fiscal-consolidation-and-rural-growth20240125143318/

Bank of Baroda’s stocks on the rise

25 Jan 2024, 09:19:11 AM ISTBank Of Baroda share price Today :Bank Of Baroda trading at ₹229.25, up 0.26% from yesterday’s ₹228.65 The current stock price of Bank of Baroda is ₹229.25. It has experienced a percent change of 0.26, indicating a slight increase in value. The net change in the stock price is 0.6, suggesting a small positive movement in the stock.
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Source: https://mintgenie.livemint.com/amp/news/markets/bank-of-baroda-share-price-live-blog-for-25-jan-2024-151706150715961

Bank Of Baroda closed today

Bank Of Baroda Stock Price TodayBank Of Baroda Share Price Today : On the last day, Bank of Baroda opened at ₹234.25 and closed at ₹232.2. The stock had a high of ₹235.7 and a low of ₹221.6. The market capitalization of the company is ₹115,668.7 crore. The 52-week high for the stock is ₹240 and the 52-week low is ₹146.5. The BSE volume for Bank of Baroda was 1,239,524 shares.Disclaimer: This is an AI-generated live blog and has not been edited by MintGenie staff.
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Source: https://mintgenie.livemint.com/news/markets/bank-of-baroda-share-price-live-blog-for-24-jan-2024-151706064046260

Bombay High Court Orders Non-Bailable Warrant Against Non-Cooperative Bank of Baroda Branch Manager In Case Involving Bequeathal Of Assets To Caretaker

The Bombay High Court has issued a non-bailable warrant (NBW) against the Branch Manager of Bank of Baroda (Fort), Rakesh Garg, in a testamentary matter wherein a spinster bequeathed her movable assets to her caretaker.Justice Manish Pitale passed the order in an interim application filed by the 49-year-old caretaker who alleged that despite a probated Will in his favor, three banks were refusing to cooperate.Previously, the court had issued notices to all three banks. While counsel appeared for Punjab National Bank (PNB) and Central Bank of India (CBI) on January 3, 2024, and assured cooperation from their end, none appeared for Bank of Baroda.On Monday, Justice Pitale noted that…
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Source: https://www.livelaw.in/amp/high-court/bombay-high-court/bombay-high-court-issues-nbw-against-bank-of-baroda-manager-parsi-share-and-locker-bequest-case-247512

Bank Of Baroda Stock Plunges Amidst Market Turmoil

TL;DR.Bank Of Baroda stock price went down today, 24 Jan 2024, by -0.16 %. The stock closed at 222.65 per share. The stock is currently trading at 222.3 per share. Investors should monitor Bank Of Baroda stock price closely in the coming days and weeks to see how it reacts to the news.
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Source: https://mintgenie.livemint.com/amp/news/markets/bank-of-baroda-share-price-live-blog-for-24-jan-2024-151706064046260