Rbi Bank Of Baroda

India's Bank of Baroda said on Wednesday the central bank has lifted restrictions on onboarding customers through its mobile application.

The Reserve Bank of India on Tuesday barred state-owned Bank of Baroda from onboarding fresh customers on its mobile application 'bob World' with immediate effect, citing material supervisory concerns.

The Reserve Bank of India (RBI) has called on a wider set of lenders to take part in pilot programmes using the central bank digital currency (CBDC) as it tries to increase transactions, three bankers told Reuters on Wednesday. Currently, large state-owned and private lenders, including State Bank of India, Bank of Baroda, ICICI Bank, HDFC Bank, Ko...

The Reserve Bank of India (RBI) will launch the pilot for a central-bank-backed digital rupee for the wholesale segment on November 1, identifying nine banks to participate in the project. The pilot with include SBI, Bank of Baroda, Union Bank of India, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Yes Bank, IDFC First Bank and HSBC, the RBI said.

Just a day after RBI raised the repo rates, ICICI Bank on June 9 increased its external benchmark lending rate by 50 bps to 8.60 per cent

Bank of Baroda has hiked fixed deposit interest rates on domestic term deposits

State-owned Indian Bank on Saturday said it has revised the repo linked lending rate from 4 per cent to 4.40 per cent with effect from Monday (May 9)

Economists across the board felt that more such action could be seen from the central bank in the days to come

In view of inflationary concerns, the RBI is likely to maintain status quo on key policy rates in its next bi-monthly economic policy review meeting

Vadodara Municipal Corporation has shifted its entire corpus of Rs 265 crore deposited with Yes Bank to Bank of Baroda five days ago, Deputy Municipal Commissioner Sudhir Patel has said.

The banks include, Bank of Baroda, City Union Bank, HSBC, ICICI Bank, SBI and YES Bank.

After initial dithering, banks are now falling in line to cut interest rates after the RBI asked them to do so last month. A low interest rate cycle is on the anvil with a majority of banks now settling to cut lending rates by 5-10 basis points.

The Punjab National Bank (PNB) had incurred the highest loss of Rs 6461.13 crore due to different cases of fraud. 21 public sector banks suffered a total loss of over Rs 25,700 crore

SBI shares were up over 2 per cent at Rs 252.50 in noon trade while Bank of Baroda shares rallied 2.5 per cent to Rs 143.40.

The removal from the import list is a new blow for Axis, which has faced increased regulatory scrutiny in the last few months because of bad loans.

India's Bank of Baroda said on Wednesday the central bank has lifted restrictions on onboarding customers through its mobile application.

The Reserve Bank of India on Tuesday barred state-owned Bank of Baroda from onboarding fresh customers on its mobile application 'bob World' with immediate effect, citing material supervisory concerns.

The Reserve Bank of India (RBI) has called on a wider set of lenders to take part in pilot programmes using the central bank digital currency (CBDC) as it tries to increase transactions, three bankers told Reuters on Wednesday. Currently, large state-owned and private lenders, including State Bank of India, Bank of Baroda, ICICI Bank, HDFC Bank, Ko...

The Reserve Bank of India (RBI) will launch the pilot for a central-bank-backed digital rupee for the wholesale segment on November 1, identifying nine banks to participate in the project. The pilot with include SBI, Bank of Baroda, Union Bank of India, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Yes Bank, IDFC First Bank and HSBC, the RBI said.

Just a day after RBI raised the repo rates, ICICI Bank on June 9 increased its external benchmark lending rate by 50 bps to 8.60 per cent

Bank of Baroda has hiked fixed deposit interest rates on domestic term deposits

State-owned Indian Bank on Saturday said it has revised the repo linked lending rate from 4 per cent to 4.40 per cent with effect from Monday (May 9)

Economists across the board felt that more such action could be seen from the central bank in the days to come

In view of inflationary concerns, the RBI is likely to maintain status quo on key policy rates in its next bi-monthly economic policy review meeting

Vadodara Municipal Corporation has shifted its entire corpus of Rs 265 crore deposited with Yes Bank to Bank of Baroda five days ago, Deputy Municipal Commissioner Sudhir Patel has said.

The banks include, Bank of Baroda, City Union Bank, HSBC, ICICI Bank, SBI and YES Bank.

After initial dithering, banks are now falling in line to cut interest rates after the RBI asked them to do so last month. A low interest rate cycle is on the anvil with a majority of banks now settling to cut lending rates by 5-10 basis points.

The Punjab National Bank (PNB) had incurred the highest loss of Rs 6461.13 crore due to different cases of fraud. 21 public sector banks suffered a total loss of over Rs 25,700 crore

SBI shares were up over 2 per cent at Rs 252.50 in noon trade while Bank of Baroda shares rallied 2.5 per cent to Rs 143.40.

The removal from the import list is a new blow for Axis, which has faced increased regulatory scrutiny in the last few months because of bad loans.