| Contact Details |
| Corporate center: | BankofBaroda
Baroda Corporate Centre, Plot No - C-26, G - Block, Bandra - Kurla Complex
Bandra (East)
Mumbai, MH, 400051
Phone : +91-22-66985000-04
Fax : +91-22-26523500
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| News |
Bank of Baroda to sell Dena Bank head office for at least ₹530 crore
Posted on 12th September 2019 |
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MUMBAI : Public sector lender Bank of Baroda (BoB) has decided to sell the head office of erstwhile Dena Bank in Bandra Kurla Complex for at least ₹530 crore, according to a document seeking bids. The e-auction will be conducted on 18 October. This follows the merger of Bank of Baroda with Dena Bank and Vijaya Bank in April. Read More |
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Bank of Baroda plans to raise capital up to Rs 3,000 cr via tier-II bonds
Posted on 9th September 2019 |
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Public sector lender Bank of Baroda (BoB) plans to raise capital up to Rs 3,000 crore through tier-II bonds for meeting capital adequacy norms for the merged entity (integration of Vijaya and Dena Bank with BoB). Rating agency India Ratings has assigned “AAA” stable rating to proposed bond offering by the PSB.
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Bank of Baroda to share its merger experience with 10 public sector banks
Posted on 4th September 2019 |
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The brass of 10 public sector banks (PSBs) will meet in Mumbai on Wednesday to gain insights from Bank of Baroda (BoB) in managing its merger with Dena Bank and Vijaya Bank. The four anchor banks and six merging entities will also discuss initial merger plans. A senior executive of a South India-based PSB said, “We are meeting in the financial capital to understand from BoB how it went about the integration process for Vijaya Bank and Dena Bank.” Read More |
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Bank of Baroda to co-lend Rs 1,000 crore with NBFCs this quarter
Posted on 27th August 2019 |
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The country’s second largest state-owned lender, Bank of Baroda, on Monday announced that it had plans to lend up to Rs 1,000 crore in tandem with 16 non-banking financial companies (NBFCs) and microfinance institutions (MFIs) in the current quarter. With this step, the bank will get new accounts, to whom they will be cross-selling other products as well. At the same time, NBFCs will get an opportunity to grow their business – asset under management – without facing any capital constraints or funding related challenges. Read More |
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BoB, PNB, other lenders hold 2-day meeting to generate ideas for growth
Posted on 19th August 2019 |
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Public sector lenders, including PNB, BoB and Corporation Bank, have organised a two-day consultation process at branch level, seeking suggestions to make the sector future ready and be a catalyst in economic growth. The consultations were held over a period of two days from August 17-18 under the direction of Department of Financial Services, Ministry of Finance. Read More |
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