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BANK OF BARODA - 532134 - Closure of Trading Window

Notice for closure of trading window
27-03-2023

Bank of Baroda raises interest rates on retail term deposits by 25 bps

Bank of Baroda has increased interest rates on domestic retail term deposits, including NRO and NRE term deposits, by 25 basis points on select tenors. These rates are applicable on deposits below Rs 2 crore, with effect from March 17, 2023, the pubic sector lender said in a statement. Interest rates have also been hiked on the Baroda Tax Savings Term Deposit as well as Baroda Advantage Fixed Deposit, a non-callable retail term deposit scheme. The new rate on deposits of above 3 years to 5 years is 6.5 per cent and for resident Indian senior citizens, it is 7.15 per cent. For term deposits of above 5 years to 10 years, the new rate is 6.5 per cent and for senior citizens it is 7.5 per cent. Bank of Baroda had earlier increased retail term deposit interest rates in December 2022 by up to 65 basis points and in November 2022 by up to 100 basis points.
19-03-2023
Bigul

Bank of Baroda unveils co-branded debit card under TN govt scheme for girl students

The debit card offers personal accident insurance coverage upto 2 lakh per annum
17-03-2023

After a strong run, Bank of Baroda set to face near-term hiccups

The bank expects to maintain credit growth at a healthy level aided by its diversified portfolio mix.
15-03-2023

Bank of Maharashtra cuts home loan rate to 8.4% from existing 8.6%

State-owned Bank of Maharashtra (BoM) on Sunday announced a reduction in the interest rate on home loans to 8.4 per cent from the existing 8.6 per cent. The new rate is effective from March 13, 2023, BoM said in a statement. The home loan at 8.4 per cent makes it one of the lowest in the banking sector. Besides, it said, the bank has also a special rate of interest (ROI) for defence personnel, including paramilitary forces, benefiting salaried and pensioner categories for home loans. BoM has already waived processing fees for its gold, home and car loans under the festive offer, the lender said. By introducing this offer, it said, BoM is offering the most lucrative ROI with added benefits on its array of products, benefiting customers availing them. Last week, public sector lender Bank of Baroda slashed its home loan interest rates by 40 basis points (bps) to 8.5 per cent. Further, BoB also reduced its MSME loan interest rates starting at 8.4 per cent. Both offers were effectiv
12-03-2023

Bank of Baroda plans to divest 49% stake in credit card subsidiary

At present, BoB holds 100 per cent in the entity
10-03-2023

Bank of Baroda to sell up to 49% stake in BoB Financial

The bank says that details about the process of transaction and other relevant details will be published on 10 March
09-03-2023
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