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Bank of Baroda inches up on partnering with CRISIL

Bank of Baroda is currently trading at Rs. 129.45, up by 0.05 points or 0.04% from its previous closing of Rs. 129.40 on the BSE.

The scrip opened at Rs. 130.05 and has touched a high and low of Rs. 130.45 and Rs. 128.00 respectively. So far 306312 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 157.45 on 09-Aug-2018 and a 52 week low of Rs. 90.70 on 11-Oct-2018.

Last one week high and low of the scrip stood at Rs. 130.90 and Rs. 119.60 respectively. The current market cap of the company is Rs. 55215.33 crore.

The promoters holding in the company stood at 69.23%, while Institutions and Non-Institutions held 22.68% and 8.09% respectively.

Bank of Baroda has signed an agreement with CRISIL to assess the credit quality of its existing and prospective SME customers. Under the agreement, the rating agency will assess SMEs by processing and analysing structured, unstructured and new data streams and share it with the bank.

Bank of Baroda is engaged in providing various services, such as personal banking, corporate banking, international banking, small and medium enterprise (SME) banking, rural banking, non-resident Indian (NRI) services and treasury services.

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