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DEBADATTA CHAND
Bank of Baroda, India’s second-biggest state lender, aims to double size in 5 yearsBank of Baroda plans to double its balance sheet over the next five years, betting on strong economic growth in India, rising credit demand...
Indian Banks poised for double-digit corporate credit growth on infra, energy, data centre pushIndian banks foresee robust corporate loan growth this fiscal year. Demand is surging from key sectors including renewable energy, infrastr...
Net interest margin to fall, Bank of Baroda can look to upsize treasury, wealth businessBank of Baroda anticipates tighter margins this fiscal. Sticky deposit rates and restricted lending rate increases will impact profitabilit...
Bank of Baroda aims 10 per cent corporate growth in FY27, Rs 50,000 cr loans in pipelineBank of Baroda plans a 10 percent expansion of its corporate lending by FY27. A Rs 50,000 crore pipeline is in place, with significant dema...
Bank of Baroda posts record Q4 profit despite higher provisionsBank of Baroda reported a record Q4 net profit of Rs 5,616 crore, driven by higher net interest income and improved asset quality. Despite ...
Govt extends tenure of Bank of India, Bank of Baroda MDs by 3 yearsThe government has extended the terms of Rajneesh Karnatak, MD and CEO of Bank of India, and Debadatta Chand, MD and CEO of Bank of Baroda....
New senior citizen bank account with doorstep banking and healthcare benefits launched by Bank of Baroda; Know the detailsBank of Baroda has introduced a new premium savings account for senior citizens. The 'bob Senior Citizen Vishesh Samman' account offers hea...
Jio, Bank of Baroda tie up for enabling banking access from feature phonesBank of Baroda and Reliance Jio are shaking up the mobile banking landscape by rolling out services tailored for feature phone users. Their...
Bank of Baroda raises USD 500 mn 5-yr syndicated loan; attracts strong participation from investorsBank of Baroda on Thursday said it has raised USD 500 million five-year syndicated term loan facility through its IFSC Banking Unit in GIFT...
Bank of Baroda opens first 'Phygital' branch in KolkataBank of Baroda has launched its first 'Phygital' branch in Kolkata, marking the seventh such branch nationwide. This innovative model blend...
BoB expects deposits to grow at 9-11%, loans to rise 11-13%: Debadatta Chand, CEOThe bank is doing extremely well. Fundamentally, it is a strong bank. For the past two years, the performance has been consistent, and the ...
12-14% credit growth achievable for Bank of Baroda; CASA growth at 6% better than industry benchmark: CEOBank of Baroda maintained a 3.18% net interest margin for the June quarter, consistent with the previous year. CEO Debadatta Chand indicate...
Four PSU banks pay Rs 6,481 cr dividend to GovtFour public sector banks, Canara Bank, Indian Bank, Bank of India, and EXIM Bank, present dividend cheques totaling Rs 6,481 crore to Finan...
BoB aims to double tech team headcount to 3,000 by FY26-endState-owned Bank of Baroda plans to double its in-house technology team to 3,000 employees in the next two years, according to a top offici...
BoB announces special offers for women account holders on International Women's DayBank of Baroda offers special benefits for women account holders on International Women's Day, including interest rate concessions on loans...
BoB Q3 net profit up 19%, fund costs hurt marginsNet interest income (NII), or the difference between the interest earned on loans and that paid for deposits, increased by 3% to ₹11,101 cr...
Expect up to 50 bps impact on capital buffers on RBI's unsecured loans move: BoBBank of Baroda's Chief Executive and Managing Director Devdutt Chand has said that the Reserve Bank's risk weight tinkering could impact th...
BoB has terminated the services of Akhil Handa: MDBank of Baroda (BoB) clarified on Saturday that the 'bob World' initiative had a very insignificant and immaterial financial implication on...
BoB net up 88% on growth in retail loans, bank sets sights on higher fee incomeNet profit increased to Rs 4,070 crore in the quarter ended June 2023 from Rs 2,168 crore a year ago, largely due to a 24% increase in net ...
Debadatta Chand to take charge of BoB, Rajneesh Karnatak appointed Bank of India MD & CEOThe central government has appointed Debadatta Chand as the Managing Director & Chief Executive Officer of the Bank of Baroda for a period ...