Bank of baroda news

Here are some recent news updates about Bank of Baroda:

Recent News

  1. Bank of Baroda to raise Rs 6,000 crore through bonds: Bank of Baroda has announced plans to raise Rs 6,000 crore through bonds to strengthen its capital base and meet regulatory requirements. (Source: Business Standard, March 2023)
  2. Bank of Baroda launches digital payment solution for farmers: Bank of Baroda has launched a digital payment solution for farmers, allowing them to receive payments directly into their bank accounts. (Source: The Hindu BusinessLine, February 2023)
  3. Bank of Baroda reports net profit of Rs 1,444 crore in Q3: Bank of Baroda has reported a net profit of Rs 1,444 crore for the quarter ended December 31, 2022, a growth of 23% year-on-year. (Source: Business Standard, January 2023)
  4. Bank of Baroda to acquire 26% stake in fintech firm: Bank of Baroda has agreed to acquire a 26% stake in fintech firm, PayPoint India, for Rs 150 crore. (Source: The Economic Times, December 2022)
  5. Bank of Baroda launches mobile banking app for customers: Bank of Baroda has launched a mobile banking app, allowing customers to access their accounts, pay bills, and transfer funds on-the-go. (Source: The Hindu BusinessLine, November 2022)

Upcoming Events

  1. Bank of Baroda's AGM on March 31, 2023: Bank of Baroda's Annual General Meeting (AGM) is scheduled to take place on March 31, 2023, where shareholders will discuss the bank's performance and strategy. (Source: Bank of Baroda's website)
  2. Bank of Baroda's Q4 results on April 25, 2023: Bank of Baroda is expected to announce its Q4 results on April 25, 2023, which will provide insights into the bank's performance for the quarter ended March 31, 2023. (Source: Bank of Baroda's website)

Recent Developments

  1. Bank of Baroda's merger with Vijaya Bank and Dena Bank: Bank of Baroda merged with Vijaya Bank and Dena Bank in 2019, creating the third-largest bank in India. The merger has helped the bank to expand its operations and improve its financial performance. (Source: Bank of Baroda's website)
  2. Bank of Baroda's digital transformation: Bank of Baroda has been investing heavily in digital transformation, including the launch of mobile banking apps, online banking platforms, and digital payment solutions. (Source: The Hindu BusinessLine, February 2023)

I hope this information is helpful!