Bank of Baroda To Sell 100% stake In Its New Zealand subsidiary

  Bank of Baroda (BoB), the second-largest public sector bank (PSB) in India, witnessed a surge in its share price, reaching a fresh 52-week high of ₹233.75 per share on the Bombay Stock Exchange (BSE). The boost came following the bank’s announcement inviting potential buyers to sell stake in its New Zealand arm. Stake Sale in Bank of Baroda’s New Zealand Arm In a newspaper advertisement released on December 27, Bank of Baroda disclosed its intention to divest its entire 100 percent stake in Bank of Baroda (New Zealand). The bank is actively seeking an investment banker for the sale and disinvestment process. The deadline for the submission of proposals has been set at 2:00 pm…
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Source: https://currentaffairs.adda247.com/bank-of-baroda-seeks-sellers-for-100-stake-in-its-new-zealand-subsidiary/amp/

Bank Of Baroda Sees Surge in Trading Performance

TL;DR.Bank Of Baroda stock price went up today, 22 Jan 2024, by 0.72 %. The stock closed at 230.55 per share. The stock is currently trading at 232.2 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-22-jan-2024-151705891223511

REC Limited And Bank Of Baroda Join Hands To Finance Power, Infrastructure And Logistics Projects –

REC Limited has signed a Memorandum of Understanding (MoU) with Bank of Baroda in order to facilitate joint sanctions of loans to fund power, infrastructure and logistics projects in the country over the next three years. Recognizing the pressing need to fortify these critical domains, REC Limited and Bank of Baroda unite with a shared vision of advancing sustainable growth and bolstering the nation’s infrastructural backbone. By pooling resources and expertise, both entities endeavor to champion initiatives that will invigorate economic development and enhance accessibility to essential services nationwide.
The MoU was signed on January 3, 2024 in the presence of…
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Source: https://www.khabarindia.in/rec-limited-bank-baroda-join-hands-finance-power-infrastructure-logistics-projects/

Bank of Baroda raises interest rates on fixed deposits by up to 125 basis points – CNBCTV18

Bank of Baroda raises interest rates on fixed deposits by up to 125 basis points  CNBCTV18
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Source: https://www.cnbctv18.com/business/companies/bank-of-baroda-raises-interest-rates-on-fixed-deposits-by-up-to-125-basis-points-18670971.htmR
https://www.cnbctv18.com/business/companies/bank-of-baroda-raises-interest-rates-on-fixed-deposits-by-up-to-125-basis-points-18670971.htm/amp

REC, Bank of Baroda join hands to finance power, infra, logistics projects

State-owned REC Ltd has inked an initial pact with Bank of Baroda to jointly offer loans for power, infrastructure and logistics projects in India over the next three years. By pooling resources and expertise, both entities endeavour to champion initiatives that will invigorate economic development and enhance accessibility to essential services nationwide, a power ministry statement said. Click here to follow our WhatsApp channel According to the statement, REC has signed a Memorandum of Understanding (MoU) with Bank of Baroda to facilitate joint sanctions of loans to fund power, infrastructure and logistics projects in the country over the next three years. The MoU was signed on…
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Source: https://www.business-standard.com/amp/companies/news/rec-bank-of-baroda-join-hands-to-finance-power-infra-logistics-projects-124010400685_1.html

bonds: SBI, BoB among PSBs rushing to issue bonds

Mumbai: Public sector banks are rushing to issue bonds in the coming weeks, capitalising on lower government bond yields that have made borrowing cheaper while tight liquidity and robust credit growth are spurring lenders’ demand for funds to meet loan needs.State Bank of India is set to kick off domestic bond issuances for 2024 with the sale of an additional tier-1 (AT-1) bond worth up to ₹5,000 crore. Bidding for the issue would happen on Thursday, people aware of the development said.SBI’s AT-1 bond could be priced at around 8.25%, with long-term investors likely to show strong demand, the people said.Meanwhile, Bank of Baroda (BoB) is likely to raise up to ₹5,000 crore soon by…
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Source: https://m.economictimes.com/markets/bonds/sbi-bob-among-psbs-rushing-to-issue-bonds/amp_articleshow/106910419.cms

Bank Of Baroda closed today

Bank Of Baroda Stock Price TodayBank Of Baroda Share Price Today : Bank of Baroda’s stock opened at ₹225.2 and closed at ₹225.5 on the last trading day. The stock reached a high of ₹230.2 and a low of ₹222 during the day. The market capitalization of the company is ₹117,454.99 crore. The 52-week high and low for the stock are ₹240 and ₹146.5 respectively. The stock had a trading volume of 1,152,734 shares on the BSE.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-19-jan-2024-151705632755222

Bank of Baroda Share Price: Bank of Baroda shares gain 1.11% as Sensex rises

Shares of Bank of Baroda traded 1.11 per cent up at Rs 230.25 at 11:37AM (IST) on Friday, even as BSE benchmark Sensex gained 376.66 points to 71563.52. The stock had closed at Rs 227.7 in the previous session. The stock quoted a 52-week high and 52-week low of Rs 240.0 and Rs 146.5, respectively. As per BSE data, total traded volume on the counter till 11:37AM (IST) stood at 11:37AM shares with turnover at Rs 10.75 crore. At the current price, the stock trades at 6.27 times its trailing 12-month earnings per share of Rs 35.97 per share and 0.83 times its price-to-book value, BSE data showed. A higher P/E ratio shows investors are willing to pay a higher share price today because…
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Source: https://m.economictimes.com/markets/stocks/stock-watch/bank-of-baroda-shares-gain-1-11-as-sensex-rises/amp_articleshow/106978358.cms

Bank of Baroda Manager Recruitment 2024: Apply for 38 posts, details here

Bank of Baroda has invited applications for Manager posts. Eligible candidates can apply online through the official website of Bank of Baroda at bankofbaroda.in. This recruitment drive will fill up 38 posts in the organization. Bank of Baroda Manager Recruitment 2024: Apply for 38 posts, details here (Mint Photo) {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} The registration process begins today, January 19 and will end on February 8, 2024. Read below for eligibility, selection process and other details.Vacancy DetailsSC: 5 postsST: 2 postsOBC: 10 postsEWS: 3 postsUR: 18 postsEligibility Criteria Amazon Sale season is here! Splurge and…
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Source: https://www.hindustantimes.com/education/employment-news/bank-of-baroda-manager-recruitment-2024-apply-for-38-posts-at-bankofbaroda-in-details-here-101705655244902-amp.html