Last Updated: Sunday, September 13, 2015, 13:33
In an unprecedented move, Moorthy has been shifted to a smaller state-run lender United Bank of India (UBI). He assumed his new job on August 29 as executive director.
Last Updated: Saturday, August 22, 2015, 22:33
Four public sector banks, including PNB and BoB, Saturday sought shareholders' approval for capital infusion of Rs 5,934 crore by issuing preferential shares to the government.
Last Updated: Monday, August 17, 2015, 19:19
Bank stocks were in huge demand today, surging up to 15 percent, following a slew of reform measures announced in order to revive the fortunes of the public sector lenders.
Last Updated: Friday, August 14, 2015, 20:20
Bank of Baroda and Canara Bank Friday became the first state-owned banks to be headed by private sector professionals as government announced appointment of MD and CEOs of five PSU lenders.
Last Updated: Friday, July 31, 2015, 19:05
Bank stocks were in limelight Friday, surging up to 8 percent, after the government announced plans to infuse fresh capital into state-run lenders.
Last Updated: Thursday, July 30, 2015, 14:07
State-run Bank of Baroda Thursday reported 22.74 percent decline in net profit at Rs 1,052.15 crore during the first quarter ended June 30, on higher provision for bad loans and wage revision.
Last Updated: Thursday, July 23, 2015, 21:49
The Reserve Bank has removed restrictions placed on foreign investors to buy shares in public sector lender Bank of Baroda, as the said limit has gone below threshold.
Last Updated: Tuesday, June 9, 2015, 14:51
The government has further extended the term of Bank of Baroda's (BoB) interim MD & CEO Ranjan Dhawan for three months while Bank of India will be headed by its Executive Director B P Sharma for the same duration.
Last Updated: Sunday, June 7, 2015, 11:20
The complaint was filed by Uttarakhand-based Dhanvir Food Product, which had availed of a term loan of Rs 7.25 crore from the bank, against the lender and its branch in the state.
Last Updated: Monday, May 11, 2015, 19:08
The scrip rallied a massive 16.9 percent to Rs 169.65 on the BSE which jumped 1.5 percent to 27,507.30.
Last Updated: Monday, May 11, 2015, 18:53
Stocks of Bank of Baroda surged nearly 17 percent after the company reported an improvement in asset quality for the quarter ended March 31, although its net profit slumped.
Last Updated: Monday, May 11, 2015, 16:56
Shares in the Mumbai-based bank rose as much as 17.8% and were headed for their biggest daily gain since May 2004.
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