Bank of Baroda Q1 net profit drops 23% on higher provisioning
Profit for the quarter ended June was at Rs1,052.15 crore, compared with Rs1,361.88 crore in the year-ago quarter30-07-2015
30-07-2015
Announces Q1 results & Limited Review Report for the Quarter ended June 30, 2015
Bank of Baroda has announced the following Unaudited Standalone results for the quarter ended June 30, 2015 The Bank has posted a net profit of Rs. 10521.50 million for the quarter ended June 30, 2015 as compared to Rs. 13618.80 million for the quarter ended June 30, 2014. Total Income has increased from Rs. 116825.00 million for the quarter ended June 30, 2014 to Rs. 122437.20 million for the quarter ended June 30, 2015.30-07-2015
Q1 results on July 30, 2015
Bank of Baroda has informed BSE that a meeting of the Board of Directors of the Bank will be held on July 30, 2015, to consider & approve the un-audited (Reviewed) Financial Results of the Bank together with relevant segment reporting, for the quarter / three months ended June 30, 2015.Further, the closure of "Trading window" under provision of "Bank of Baroda Code of Conduct for Prohibition of Insider Trading" from July 20, 2015 to July 31, 2015 (both Days inclusive).20-07-2015
Reduction in Base Rate and BPLR
Bank of Baroda has informed BSE that the Bank has decided to reduce Base Rate by 10 basis points from 10.00% to 9.90% and also to reduce Bench-mark Prime Lending Rate (BPLR) by 10 basis points from 14.25% to 14.15%. The reduction in both rates will be effective from July 13, 2015.09-07-2015
Shareholding Pattern For June 30, 2015
Bank of Baroda has informed BSE about the Shareholding Pattern as on June 30, 2015.06-07-2015
Outcome of AGM (Clause 35A)
Bank of Baroda has informed BSE that the 19th Annual General Meeting (AGM) of the Bank was held on June 24, 2015, under Clause 35A, along with Scrutinizer's Report.24-06-2015
Notice of Strike by All India Bank Employees' Association
Bank of Baroda has informed BSE that the Bank have been informed by Indian Banks Association that the General Secretary, All India Bank Employees Association (AIBEA) has served a Notice of Strike dated May 29, 2015 informing their decision to go on All India One Day strike on June 24, 2015 in support of the strike call given by State Sector Bank Employees Association for their demand in respect of certain industry level issues....17-06-2015
Updates on ensuing A G M
Bank of Baroda has informed BSE regarding election of One Shareholder Director- List of Valid Candidates.16-06-2015
Additional charge of Managing Director & CEO
With reference to the letter dated March 02, 2015, Bank of Baroda has now informed BSE that Government of India, Ministry of Finance, Department of Financial Services vide its Order dated June 08, 2015 advised that Shri Ranjan Dhawan, Executive Director, Bank of Baroda is entrusted with the additional charge of the Managing Director & CEO of Bank of Baroda for a further period of three months w.e.f. the date of issue of the Order or till the date...09-06-2015
Revision of Interest Rates on Term Deposits
Bank of Baroda has informed BSE that the Bank has decided to revise rates of interest payable on term deposits of Below Rs. 1 Crore and Rs. 1 Crore to Rs. 10 Crore, applicable to the renewal of existing deposits and fresh deposits, with effect from June 08, 2015.05-06-2015