Bank of Baroda has received approval from Board of Directors for divestment of its majority shareholding in the Nainital Bank (NBL), and authorized issuance of an advertisement inviting Expressions of Interest (EOI), through a Preliminary Information Memorandum (PIM), from interested parties (IPs). Bank of Baroda currently holds 98.57% of the total equity share capital of … Read more
Bank Of Baroda is currently trading at Rs. 171.50, up by 0.30 points or 0.18% from its previous closing of Rs. 171.20 on the BSE. The scrip opened at Rs. 171.25 and has touched a high and low of Rs. 172.45 and Rs. 170.30 respectively. So far 612391 shares were traded on the counter. The … Read more
Bank of Baroda is currently trading at Rs. 164.65, up by 1.70 points or 1.04% from its previous closing of Rs. 162.95 on the BSE. The scrip opened at Rs. 164.00 and has touched a high and low of Rs. 165.10 and Rs. 163.00 respectively. So far 459114 shares were traded on the counter. The … Read more
Bank of Baroda has initiated steps for divestment of its entire equity / sale of business / closure of overseas subsidiaries such as Bank of Baroda (Guyana), Bank of Baroda (Trinidad & Tobago) and Bank of Baroda (Ghana), in line with the rationalization of overseas presence of the Bank and PSB reforms of Government of … Read more
Bank of Baroda has agreed to sell its 4% stake i.e. 20,00,000 equity shares in Clearing Corporation of India (CCIL) to HDFC Bank as per share purchase agreement executed on November 20, 2018 at Rs 620 per share aggregating to total consideration of Rs 124 crore. Bank of Baroda is engaged in providing various services, … Read more
Bank of Baroda has received approval to raise funds through issuance of Tier-II Capital Bonds compliant with Basel III Capital Regulations of the Reserve Bank of India for issue size not exceeding Rs 1,500 crore, with a base issue size upto Rs 500 crore and a Green shoe option to retain over-subscription upto Rs 1,000 … Read more
Bank of Baroda is planning to raise funds through Basel III Compliant Tier II bonds, for size and amount as may be decided, within overall Board approved Capital Plan. The meeting of the designated Board Committee i.e. Capital Raising Committee is scheduled to be held on November 15, 2018, to consider the same. Bank of … Read more