Bank Of Baroda

  • State-run banks rally on stabilising assets, valuations October 31, 2013

    Mumbai: Shares of state-owned banks rally on hopes of stabilising asset quality and on valuations seen as attractive, say analysts. Bank of India Ltd shares surge 14 per cent after its July-September net non-performing loans ratio fell to 1.85 per cent at quarter-end versus 2.04 per cent a year earlier. Among other...
  • RBI should release its audit report on the banks: Aniruddha Bahal May 6, 2013

    Special Investigations website Cobrapost has revealed that 23 banks and insurance companies have been engaged in money laundering. Among the 23 banks involved are mostly PSU banks including some big names like the State Bank of India, Bank of Baroda, Punjab National Bank, Canara Bank, IDBI, Oriental Bank and Dena...
  • Dawood's blood money trail: CBDT seeks copy of CNN-IBN report April 7, 2013

    New Delhi: Days after a CNN-IBN and FirstPost.com investigation found that ganglord Dawood Ibrahim's cash was washing up in the offshore banking haven of Nassau in The Bahamas in a Bank of Baroda branch, the Central Board of Direct Taxes (CBDT) has approached the channel seeking details into the...
  • Dawood's blood money trail: Govt assures action April 6, 2013

    New Delhi: A day after a CNN-IBN and FirstPost investigation found that ganglord Dawood Ibrahim's cash was washing up in the offshore banking haven of Nassau in The Bahamas in a Bank of Baroda branch, the government on Saturday assured stern action if any tax laws have been violated. Finance Minister...
  • Bank of Baroda denies involvement in transfer of Dawood's funds April 6, 2013

    New Delhi: The Nassau branch of Bank of Baroda in Bahamas has denied any involvement in the alleged transfer of Dawood Ibrahim's funds. The bank's statement came a day after a CNN-IBN and FirstPost investigation found that Dawood's cash was washing up in the offshore banking haven of Nassau in...
  • India @ 9 with Bhupendra Chaubey April 5, 2013

    Catch the day's top stories with Bhupendra Chaubey on India @ 9. ...
  • Dawood Ibrahim's blood money trail decoded April 5, 2013

    A CNN-IBN and FirstPost investigation has found that ganglord Dawood Ibrahim's cash is washing up in the offshore banking haven of Nassau in The Bahamas - a beach paradise also known for its zero-taxes and high-secrecy banking - in an Indian bank. ...
  • Dawood stashing cash in tax haven to finance jihadists April 6, 2013

    New Delhi: Twenty years ago, his smuggling operations paid for the bombs which killed 257 people in Mumbai. Now, a CNN-IBN and FirstPost investigation has found that ganglord Dawood Ibrahim's cash is washing up in the offshore banking haven of Nassau in The Bahamas - a beach paradise also known...
  • Investor pessimism in India overdone: Deutsche Bank March 25, 2013

    Mumbai: Deutsche Bank believes the recent investor pessimism in India is overdone and sticks to its BSE Sensex target of 22,500 by the end of December. Deutsche says the government may shift to executive decisions to pass its agenda, focusing on actions that do not require parliamentary approval, thus reducing...
  • Fitch revises Indian FIs' rating to negative June 20, 2012

    New York: Fitch Ratings has revised the Outlook on the 'BBB-' Long-Term (LT) Foreign Currency (FC) Issuer Default Rating (IDR) of India-based financial institutions to Negative from Stable, while affirming the rating. These include six government banks (including an international banking subsidiary of a government bank), two private banks, two wholly...
  • SBI hikes fixed deposit rates by up to 1 pc March 27, 2012

    New Delhi: Country's largest lender SBI on Tuesday raised fixed deposit rates on select maturities by up to 1 per cent, amid tight liquidity situation. Fixed deposits with maturity period of 7-90 days will earn eight per cent interest against existing seven per cent, State Bank of India (SBI) said in...
  • Govt to provide adequate capital to PSU banks November 19, 2011

    Mumbai: Finance Minister Pranab Mukherjee on Saturday said the government will provide adequate capital to the state-owned banks during the current fiscal, a move that will help them to meet the international solvency norms. "I would like to reassure, that I will provide adequate capital to the banks as and when...
  • RBI frees savings deposit rate; funds cost to go up October 25, 2011

    New Delhi: The Reserve Bank of India (RBI) on Tuesday deregulated savings deposit interest rate, the last administered bank rate in the economy, in a move which will push up cost of funds, sending bank shares sharply lower. "It is felt that the time is appropriate to move forward and complete...
  • Loans to get costlier as RBI hikes rates July 26, 2011

    New Delhi: The Reserve Bank of India (RBI) on Tuesday hiked short-term lending and borrowing rates for the eleventh time in the last 17 months. The repo rate has been hiked by 0.50 per cent to 8 per cent and the reverse repo rate has been hiked by 0.50 per cent...
  • Finance Secretary meets private bankers, hopes rate cut November 5, 2008

    New Delhi: Finance Secretary Arun Ramanathan on Wednesday met private bankers and asked them to cut interest rates. After the meeting Ramanathan said that private banks promised to examine the possibility of rate cuts. "They have assured that they would seriously examine reduction of interest rates," Ramanathan was quoted as saying by...
  • RBI cuts repo rate, banks yet to reciprocate October 20, 2008

    New Delhi: The Central Government is working hard to resolve the liquidity problem in the financial system. The government has already pumped in Rs 145,000 crore last week through cash reserve ratio cuts, by providing money for farmer loans and on Monday the Reserve Bank of India (RBI) made another repo...
  • Dravid defeated in field, dropped from ad too? May 22, 2008

    New Delhi: Although his team pulled off a much needed win on Wednesday in the IPL, Rahul Dravid's difficulties simply refuse to go away. There are reports that Dravid may lose a lucrative contract with the Bank of Baroda. Dravid is the brand ambassador for the bank and his contract is...
  • Despite govt order, bank refuses leave to 7/11 victim July 4, 2007

    Mumbai: For Vijay Amin, surviving the 7/11 Mumbai train blasts was just the beginning of his struggle. While the government and railways compensated him, his own place of work - Bank of Baroda - is yet to give him that which is his right. "I saw all the bodies. I...