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Baroda News


'Baroda' - 647 News Result(s)

  • Buy Vedanta, M&M Financial Services: Aditya Agarwal

    Buy Vedanta, M&M Financial Services: Aditya Agarwal

    Heavy call writing has been seen at 8,700 strike price call option, which indicates that it will be difficult for Nifty to break 8,700, said Aditya Agarwal, head technical research with Way2wealth. The overall structure for Nifty however is positive and investors should buy on decline, he added.

  • RBI Fines Bank of Baroda, PNB, HDFC Bank For Regulatory Lapses

    RBI Fines Bank of Baroda, PNB, HDFC Bank For Regulatory Lapses

    The RBI has imposed penalties of Rs 5 crore and Rs 3 crore on PSU lenders Bank of Baroda and Punjab National Bank, respectively and also fined private sector HDFC Bank Rs 2 crore for lapses in adhering to anti-money laundering guidelines.

  • PSU Banks Rise On Rs 23,000 Crore Fund Infusion

    PSU Banks Rise On Rs 23,000 Crore Fund Infusion

    Shares of state-run lenders such as State Bank of India, Punjab National Bank, Bank of India, Canara Bank, Allahabad Bank, Indian Overseas Bank, Syndicate Bank and Bank of Baroda advanced 1-4 per cent today after the government announced Rs 22,915 crore fund infusion as part of first tranche of bank recapitalization of 13 lenders.

  • Agency Retains Ratings, Outlook On SBI, Bank of Baroda

    Agency Retains Ratings, Outlook On SBI, Bank of Baroda

    Rating agency India Ratings on Wednesday affirmed the long-term issuer ratings on four state-owned banks at 'AAA', apart from maintaining a stable outlook on them.

  • Private Banks Eating Into Retail Loans Market Share Of PSU Lenders: Report

    Private Banks Eating Into Retail Loans Market Share Of PSU Lenders: Report

    Retail borrowers seem to be moving towards private sector lenders to meet their loan needs, ramping up their market share to 43 per cent while that of public sector banks is falling, according to a report.

  • Buy ICICI Bank, Axis Bank, SBI: Sumeet Bagadia

    Buy ICICI Bank, Axis Bank, SBI: Sumeet Bagadia

    Sensex rose over 150 points while Nifty closed above its important level of 8,500 for first time in 11 months led by strong gains in banking shares. Amid rally in banking shares, NDTV Profit spoke to Sumeet Bagadia, associate director at Choice Broking for his views on banking shares.

  • PSU Bank Employees To Go On Strike From July 12

    PSU Bank Employees To Go On Strike From July 12

    Banking operations could be hit for two days this week as a section of public sector bank employees have threatened to go on a nationwide strike beginning July 12 to protest against the proposed merger of SBI associates and privatisation of IDBI Bank.

  • Fitch Downgrades Indian Banking Outlook To Negative

    Fitch Downgrades Indian Banking Outlook To Negative

    Rating agency Fitch has downgraded its outlook on the Indian banking sector to negative, from stable, due to more downside risks emanating from rising stressed loans and weak corporate earnings, which may further roil banks.

  • Bank Of Baroda, ICICI Bank, Exit Cibil; TransUnion Holding Rises

    Bank Of Baroda, ICICI Bank, Exit Cibil; TransUnion Holding Rises

    With non-performing assets-saddled banks trying to raise money from sale of non-core assets, global credit information company TransUnion has raised its stake in its Indian subsidiary Cibil to 77.1 per cent by buying out ICICI Bank and Bank of Baroda's holding in it.

  • Nifty To Remain Rangebound; Buy Cipla, Mawana Sugars: Sumeet Bagadia

    Nifty To Remain Rangebound; Buy Cipla, Mawana Sugars: Sumeet Bagadia

    Nifty is likely to trade in a range between range 8,000-8,200 in coming next two three trading sessions, says Sumeet Bagadia, associate director at Choice Broking.

  • Buy Bharti Airtel, SBI, Avoid NTPC: Imtiyaz Qureshi

    Buy Bharti Airtel, SBI, Avoid NTPC: Imtiyaz Qureshi

    The Nifty can rally to 8,300 and if it takes out 8,340, it can jump to 8,400-8,450, says Imtiyaz Qureshi, co-founder & director at Investeria Financial Services. Though the outlook remains positive, investors should stay cautious in the wake of key global events, he added.

  • SBI, Bank of Baroda, ICICI Bank To Benefit From RBI's Debt Recast Rules: Nirmal Bang

    SBI, Bank of Baroda, ICICI Bank To Benefit From RBI's Debt Recast Rules: Nirmal Bang

    Nirmal Bang Securities said this scheme will benefit lenders with heavy corporate loan exposure.

  • PSU Bank Stocks Gain On RBI's Move On Stressed Assets

    PSU Bank Stocks Gain On RBI's Move On Stressed Assets

    The scrip of Punjab National Bank surged 5.18 per cent, Bank of India rose by 3.14 per cent, Bank of Baroda climbed 2.43 per cent on BSE.

  • PSU Banks, Leveraged Firms Gain As RBI Eases Restructuring Rules

    PSU Banks, Leveraged Firms Gain As RBI Eases Restructuring Rules

    Shares of public sector lenders as well as debt-laden companies jumped sharply on Tuesday after Reserve Bank of India relaxed restructuring guidelines for large stressed loans.

  • Buy SBI, Tata Motors, ITC; Avoid Gokaldas Exports: Sumeet Bagadia

    Buy SBI, Tata Motors, ITC; Avoid Gokaldas Exports: Sumeet Bagadia

    Indian stock markets are on a song, with the BSE Sensex hitting the psychological 27,000 for the first time in over seven months and the broader Nifty hovering around the key 8,300 levels. NDTV Profit caught up with Sumeet Bagadia, associate director at Choice Broking, to discuss his stock picks.

  • Pilibhit Farmer's Account Frozen After Records Show Him As 'Mallya's Guarantor'

    Pilibhit Farmer's Account Frozen After Records Show Him As 'Mallya's Guarantor'

    After months of running around, UP farmer manages to convince Bank of Baroda that a person of his humble standing could possibly not have given surety to a multi-millionaire.

  • Sensex, Nifty Fall On Global Cues; Sun TV Extends Loss

    Sensex, Nifty Fall On Global Cues; Sun TV Extends Loss

    State Bank of India and Bank of Baroda traded 2-2.5 per cent lower, a day after state-run Punjab National Bank reported the biggest-ever loss in banking industry.

  • Buy HDIL, Federal Bank; Avoid Bank of Baroda: Swati Hotkar

    Buy HDIL, Federal Bank; Avoid Bank of Baroda: Swati Hotkar

    Swati A Hotkar, technical research analyst at Nirmal Bang Securities, expects Nifty to break above 8,000 as long as the index holds 7,750. Investors should hold on to long position in markets till Nifty is trading above 7,750, she added.

  • Bank of Baroda Shares Sink On Rs 3,230 Crore Q4 Loss

    Bank of Baroda Shares Sink On Rs 3,230 Crore Q4 Loss

    Bank of Baroda led the selling in PSU lenders today, sinking over 7 per cent after posting a Q4 loss of Rs 3,230 crore on Friday.

  • Bank of Baroda's Woes: From Profit Forecast To Massive Rs 3,200 Cr Loss

    Bank of Baroda's Woes: From Profit Forecast To Massive Rs 3,200 Cr Loss

    Bank of Baroda shares dropped 10 per cent today, following the state-run lender's second successive quarter of big losses. Monday's selloff was in contrast to the 25 per cent one-day rally posted by Bank of Baroda in February on the back of an equally bad Q3 in which the lender posted a loss of Rs 3,350-crore.

  • Sensex Stages Late Recovery, Rises 164 Points On Buying In FMCG Shares

    Sensex Stages Late Recovery, Rises 164 Points On Buying In FMCG Shares

    Domestic stock markets have come under selling pressure in May after solid gains in April. But analysts expect buying interest to resume if monsoons turn out of be above normal as predicted.

  • Bank Of Baroda Posts Q4 Loss Of Rs 3,230 Crore On Higher Bad Loans

    Bank Of Baroda Posts Q4 Loss Of Rs 3,230 Crore On Higher Bad Loans

    Bank of Baroda expects far lower additions to its bad loans this fiscal year than last year after reporting a second straight quarterly loss due to a surge in provisions, India's second biggest bank by assets said.

  • Five PSU Banks Led By Bank of Baroda Post Rs 6,751 Crore Loss

    Five PSU Banks Led By Bank of Baroda Post Rs 6,751 Crore Loss

    As many as five public sector banks led by Bank of Baroda (BoB) on Friday reported a combined loss of Rs 6,751 crore for the three months to March 2016 as bad loans situation worsened further.

  • Seven NBFCs Surrender Licences, Four Others Barred: RBI

    Seven NBFCs Surrender Licences, Four Others Barred: RBI

    The Reserve Bank of India (RBI) on Tuesday said seven Maharashtra-based non-banking financial companies or NBFCs have surrendered their registration certificates following which they won't be allowed to transact their financial business.

  • Sensex Trades Higher Amid Rally In Banking Stocks; Wipro Sinks

    Sensex Trades Higher Amid Rally In Banking Stocks; Wipro Sinks

    The Nifty Bank, NSE's sub-index for banking shares, was up over 2 per cent, led by gains in ICICI Bank, Bank of Baroda, SBI and Axis Bank.

  • Sensex Heads For Fourth Straight Session Of Gains On Infosys Boost

    Sensex Heads For Fourth Straight Session Of Gains On Infosys Boost

    Software services exporter Tata Consultancy Services will report its March-quarter earnings after market hours on Monday. The stock, however, fell 2 percent after medical software company Epic Systems won a $940 million U.S. jury verdict against TCS in a trade secret case.

  • Morgan Stanley Downgrades ICICI Bank, Bank of Baroda

    Morgan Stanley Downgrades ICICI Bank, Bank of Baroda

    Morgan Stanley on Monday downgraded India's biggest private sector lender ICICI Bank as well as state-run Bank of Baroda, citing rising concerns about non-performing assets.

  • Banks Move to Lending Rates Based on Marginal Cost

    Banks Move to Lending Rates Based on Marginal Cost

    According to India Ratings and Research (Ind-Ra) the implementation of Marginal Cost of Funds-based lending rate (MCLR) has the potential to channelise the recent surge of volumes in the commercial paper market towards bank credit.

  • Government To Fill Vacant Post Of Chairman In 9 PSU Banks Soon

    Government To Fill Vacant Post Of Chairman In 9 PSU Banks Soon

    The Finance Ministry is in the process of filling vacant post of non-executive chairman in nine public sector banks, including Punjab National Bank, Oriental Bank of Commerce, UCO Bank and Corporation Bank.

  • Indian-Origin Woman Restaurateur Is A Hit In Ghana

    Indian-Origin Woman Restaurateur Is A Hit In Ghana

    Surinder Kaur Cheema came to Accra four decades ago from her native Baroda in India's Gujarat state to support her businessman husband. Today, she is a hugely successful entrepreneur in her own right with two popular Indian restaurants.

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