- BoB to open 10-12 overseas branches in FY12
Public sector lender Bank of Baroda (BoB) plans to open 10 to 12 overseas branches in the current fiscal.
- Banks will meet 19 pc credit growth target for FY 2012: M D Mallya
The Chairman of the Indian Banks Association, M D Mallya, has said the industry will meet the credit growth target of a 19% jump in advance...
- Money plant: Clever farmers borrow at 4%, invest at 8.5%
Canny farmers in some states avail of the loans from banks at 4% and then invest them in fixed deposits at 8.5%.
- RBI should not rely on campuses for recruitment says deputy governor
RBI deputy governor, K C Chakrabarty indicated that the RBI is of the view that banks should not look at only campus recruitment to hire em...
- Corp Bank, BoB expecting govt funds next fiscal
In the Budget 2011, Finance Minister Pranab Mukherjee has made a provision for Rs 6,000 crore capital infusion in certain public sector ban...
- Liquidity likely to ease in 15-20 days, says BoB Chairman
The RBI had announced certain liquidity infusing measures by reducing the SLR by 1 per cent and an OMO buyback programme of Rs 48,000-crore...
BoB to target bottom-of pyramid customers, Gen-next: ChairmanBank of Baroda chairman M D Mallya tells ET there is a strong pipeline of financial closures that will help the bank increase offtake in th...
People development is our priority: M D MallyaM D Mallya, chairman, Bank of Baroda and deputy chairman of Indian Banks’ Association, is confident that lenders will be able to achieve th...
- BoB sees credit growth declining to 20 per cent in FY10
Leading state-owned lender, Bank of Baroda expects it's loan growth in 2009-10 to decline to around 20 per cent, due to economic downturn.
- Banks may cut lending rates by 0.5 per cent soon
With inflation nearing zero and signs of economic revival, bankers today hinted at cuts of 0.5 per cent in lending rates and 0.5-0.75 per c...
- More defaults in personal loans likely, says banker
Banks may see higher NPA levels from their consumer durable and personal loan portfolios moving ahead and needs to take prudent measures to...
- FM urges bankers to complete the waiver scheme by June 30
Finance Minister P Chidamabaram today asked heads of public sector banks to complete implementation of the farm loan waiver scheme by June ...
- BoB to open ten new branches overseas in FY'09
Bank of Baroda plans to open 10 more branches overseas, including one in Houston (the US) and four more in Trinidad and Tobago, in the curr...
- BoM scouting for partner in general insurance JV
After opting out of its proposed general insurance JV with Shriram Financial and Sanlam, state-owned lender Bank of Maharashtra is in talks...
- BoM aiming for 25% growth, Rs 270-cr loan recovery in FY 08
State-owned Bank of Maharashtra, has targeted a 25 per cent overall growth in its business besides retail bad-loan recoveries of about Rs 2...
- Bank of Maharashtra targets Rs 72,000 cr biz
Bank of Maharashtra targets a total business of Rs 72,000 crore by March 2008.
- Deposit rates to soften by 0.50 pc: BoM CMD
Bank of Maharashtra Chairman and Managing Director M D Mallya said deposit rates in the economy have peaked and are expected to soften in t...