News for Bank of Baroda (BANKBARODA.BO)

Improving macro numbers and a strong showing from autos in February lifted sentiment, while rising bond yeilds and weak global cues kept bulls in check.

The BSE Sensex today closed down by 441 points or 0.87 per cent at 50,405.32, and Nifty-50 closed at 14,938.10, down by 143 points or 0.95 per cent, , sensex, Stock Market Daily Updates, stockmarket

Check out the 10 most critical things that you should keep in mind while availing a home loan in the current situation.

The brokerage said its preference for SBI and Axis Bank over Bank of Baroda remains given its higher asset quality certainty and more structural drivers.

The authority will use Rs 125 crore to give compensation to farmers, whose land it is acquiring for the phase 2 of the Jewar airport.

Top lenders provide special fixed deposit (FD) schemes for senior citizens. If compared to the non-senior citizens these banks provide higher interest rates to senior citizens under this scheme. Banks like SBI, HDFC, ICICI and BOB are even provide higher interest rates on term deposits to senior citizens.

Senior citizens special FD scheme was launched in May to safeguard the interests of senior citizens as the interest rates were falling rapidly

Hi there. Welcome to ETMarkets Morning, the show about money, business and markets.

As per regulatory disclosures, the company has defaulted on repaying Rs 78 lakh to Axis Bank, Rs 1.09 crore to Yes Bank, and Rs 1.25 crore to Lakshmi Vilas Bank.

The case refers to inter corporate deposits (ICDs) of Rs 200 crore invested by SPG subsidiary Always Remember Properties Pvt Ltd in June 2019 into RHFL which defaulted in its payment obligations. Reliance had promised to pay back the total dues by raising money out of the money raised through its stake sale in its asset management company.

It is going to be a pick-and-choose market. There is going to be some themes also but markets are going to move broadly on a selective basis, says Prabhudas Lilladher joint MD.

NPCI is a ‘not for profit’ company, while NUE may be a ‘for profit’ company; the latter’s entry may see consumers pay more for digital banking services, say insiders

Axis Bank, HDFC Bank and ICICI Bank are down over a percent each while HDFC has fallen more than 2 percent.

The capital raising committee of the board on Wednesday approved the issue and allotment of 55,07,95,593 equity shares to eligible qualified institutional buyers at issue price of Rs 81.70 per share against the floor price of Rs 85.98 apiece.

The state-owned bank opened the issue on 25 February and closed it on Tuesday.The lender said total seven buyers were allotted more than 5% of the equity shares offered in the issue

The capital raising committee of the board on Wednesday approved the issue and allotment of 55,07,95,593 equity shares to eligible qualified institutional buyers at issue price of Rs 81.70 per share against the floor price of Rs 85.98 apiece, aggregating to Rs 4499,99,99,948.10, the bank said in a regulatory filing.

Read more about Bank of Baroda raises Rs 4,500 cr through Qualified Institutional Placement on Business Standard. The committee in its meeting last week had approved raising up to Rs 4,500 crore through an issue of equity shares through QIP

Concerns on rising bond yields have softened after central bankers across the world have pushed back against higher rates

Read more about Stocks to watch: Ircon Int'l, Ion Exchange, YES Bank, Ruchi Soya, BoB, RIL on Business Standard. YES Bank's shareholders have approved a proposal for raising Rs 10,000 crore capital