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The Latest Breaking News from Bank of Baroda

Bank of Baroda, India’s second-biggest state lender, aims to double size in 5 years

Bank of Baroda plans to double its balance sheet over the next five years, betting on strong economic growth in India, rising credit demand and expansion of fee-based income streams. CEO Debadatta Chand said scale and capital strength are essential for Indian banks to compete globally, especially as discussions continue…

The Economic Times

Fuel price pass-through needs monitoring as weather risks also posing pressure on inflation: BoB report

Rising fuel prices and weather uncertainties could push India's inflation higher in FY27, despite current low CPI levels. Bank of Baroda warns that global energy costs impacting food prices, coupled with domestic weather challenges like heatwaves and El Nino, necessitate close monitoring of food inflation. Core inflation remains stable, but…

The Economic Times

Loan EMIs set to increase: Canara Bank raises lending rates by 5 bps on these tenures; Bank of Baroda MCLRs remain unchanged

Canara Bank has revised its lending rates. The bank increased its Marginal Cost of Funds Based Lending Rate by 5 basis points for all loan tenors. These new rates are effective from May 12, 2026. Borrowers with MCLR-linked loans may see higher EMIs. Bank of Baroda has kept its MCLR…

The Economic Times

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Stocks in news: Groww, Dr Reddy's, Waaree Energies, Lenskart, SBI

Markets experienced a sharp risk-off session on Monday, with indices declining amid broad selling. Investors are advised to avoid aggressive index bets and await clearer directional signals. Pharma and healthcare stocks remain preferred, while dips in energy and metal sectors offer accumulation opportunities.

The Economic Times

Bank of Baroda aims 10 per cent corporate growth in FY27, Rs 50,000 cr loans in pipeline

Bank of Baroda plans a 10 percent expansion of its corporate lending by FY27. A Rs 50,000 crore pipeline is in place, with significant demand for investment loans. The bank will focus on external benchmark lending rates to improve margins. Deposit costs remain a challenge, but overall funding is sufficient.…

The Economic Times

Highest 5-year FD rates at PSU vs private vs SFB banks: What Rs 1 lakh investment in each FD will give you on maturity

Investors seeking high returns on 5-year fixed deposits can explore options beyond public sector banks. DCB Bank leads private banks with a 7.25% interest rate, offering an approximate maturity of Rs 1.43 lakh on a Rs 1 lakh investment. IDFC FIRST Bank follows closely, while other private and small finance…

The Economic Times

Global Stars Eye India, But Show Needs Fine-tuning

With Coldplay and Ed Sheeran among the superstars who have played to packed-out crowds in India recently, there is increasing talk that the world's most populous nation could soon become a mainstay of the global touring schedule.

International Business Times

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GST revenues reveal a dissonance in consumption growth across States

GST revenues reveal regional disparities in consumption growth, with Gujarat, West Bengal and Andhra Pradesh among States seeing weaker growth.

The Hindu

Bank of Baroda launches ‘Baroda Kisan Pakhwada’ in T.N.

Bank of Baroda launched its 6th edition of ‘Baroda Kisan Pakhwada’ in Tamil Nadu, a two-week farmer engagement programme from Nov 16-30. An event was held in Nallampatti village, Dindigul, Madurai, inaugurated by Saravanakumar A and Jaikishan M. Aim: to support agrarian economy.

The Hindu

Digital hearing aids distributed at affordable cost to needy kids

AIISH, Mysuru, in partnership with Bank of Baroda, distributed 40 digital hearing aids to BPL families at an affordable cost of ₹4,000 each. The initiative aims to raise awareness about hearing health and the importance of early intervention. AIISH also provides free screening for communication disorders and outreach services across…

The Hindu

Hearing aids to be distributed to children of BPL families on Nov. 9

The All India Institute of Speech and Hearing (AIISH), Mysuru, has partnered with Bank of Baroda to distribute hearing aids to young children with hearing impairment at an affordable cost.

The Hindu

India’s Bank of Baroda expose worsens: Agents steal money from accounts

RBI has banned BoB from onboarding new customers on its app after an expose by The Reporters’ Collective-Al Jazeera.

Al Jazeera

Cricket World Cup may add $2.6 billion to Indian economy

The Cricket World Cup may boost host country India’s economy by as much as 220 billion rupees ($2.6 billion), economists at Bank of Baroda estimate.

The Times of India

Sunny Deol offers to settle dues for his Mumbai bungalow: BoB

Bank of Baroda withdraws auction notice for Sunny Deol's villa due to technical reasons. The villa was to be auctioned to recover ₹56 crore dues.

The Hindu

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The Hindu

Congress raises questions over ‘withdrawal’ of auction notice for Sunny Deol’s Juhu villa

Congress raises questions over ‘withdrawal’ of Bank of Baroda auction notice for Sunny Deol’s Juhu villa

The Hindu

Rising food prices may undo recent respite from inflation

Consumer price inflation (CPI) had, however, risen to a three-month high of 4.8% in June owing to a spurt in food prices.

Al Jazeera

India’s Bank of Baroda tampered with accounts to flog app

Second-largest gov’t-owned bank linked mobile numbers of strangers to boost app registrations, compromising security.

Dynamite News

Maharashtra: ED seizes assets worth Rs 6.69 crore in bank loan cheating case

Enforcement Directorate (ED) on Friday attached assets worth Rs 6.69 crore belonging to Kunal Gandhi, partner of Magnum Steels, Mumbai and his family members in a bank loan cheating case. Read further on Dynamite News:

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The Times of India

First time in many years, fixed deposit rates turn positive at 8%

MUMBAI: As banks' chase for customers to collect cheap deposits is not fructifying, they are forced to offer inflation-beating real interest rates on fixed deposits now, and state-run banks led by Punjab Sind Bank top the chart offering a cool 8-8.50 per cent per annum.

The Times of India

SBI cuts savings deposit rate by 5 basis points to 2.7%; Bank of Baroda raises FCNR deposit rates

NEW DELHI: State Bank of India (SBI) has reduced the interest rate on savings accounts by a marginal 5 basis points to 2.70 per cent effective from October 15.

The Times of India

CBI books Delhi govt's forest dept officials in Rs 223-cr FD scam

NEW DELHI: The CBI has registered a case against unidentified officials of Delhi government's forest department and an official of Bank of Baroda in connection with a Rs 223 crore fixed deposit scam, the central agency said Wednesday.

The Times of India

Economists see RBI delivering another 50 bps hike next week

MUMBAI: Economists are unanimous in forecasting that the central bank has no other option but to deliver a 50 bps rate hike next week and take the terminal rate to 6.25 per cent by December.

The Hindu

Bank of Baroda opens corporate cluster in Chennai

CHENNAI Bank of Baroda (BoB) has opened its mid corporate cluster (south) Chennai, which will cater

The Times of India

Investment climate in India not broad-based, reduced uncertainty needed: Bank of Baroda

CHENNAI: The investment scenario in India is one of cautious movement in some sectors and not broad-based, the Bank of Baroda said in a report.

The Times of India

Bank of Baroda raises MCLR on select tenor loans by up to 15 basis points

NEW DELHI: State-owned Bank of Baroda has raised the marginal cost of funds based lending rate by up to 0.15 per cent for select tenor of loans with effect from Tuesday.

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