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Tag Archives: Bank of Baroda

Bank of Baroda inks pact with DGS&D

Bank of Baroda has entered into an agreement with Directorate General of Supplies & Disposal (DGS&D) for extending various banking services to Government e-Marketplace (GeM). DGS&D has been mandated to set up GeM, an initiative intended to bring greater transparency and efficiency in public procurements. The relationship of the bank ... Read More »

Bank of Baroda to raise Rs 9,000 crore through equity dilution

Bank of Baroda (BoB) has received an approval to raise Rs 9,000 crore through various instruments, including Follow-on Public Offer (FPO) in order to fund growth during this fiscal. The board of directors at its meeting held on May 27, 2017 has approved for the same. The board approved raising ... Read More »

Bank of Baroda inks MoU with IFFCO to launch co-branded debit card

Bank of Baroda (BoB) has entered into a Memorandum of Understanding (MoU) with IFFCO to roll out their first set of co-branded debit cards for farmers. This step has been taken as part of a novel initiative to push digitalization and cashless economy. The co-branded debit cards, with inbuilt overdraft ... Read More »